2019 ZAR to BGN Historical Review

YEARLY HIGH

0.1289 BGN

YEARLY LOW

0.1138 BGN

YEARLY AVERAGE

0.1210 BGN

2019 ZAR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.1289. Conversely, the yearly low was recorded on August 14, dropping to 0.1138.

This high-to-low spread represents a total annual volatility of 0.0151 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1239 to the December average rate of 0.1223, the exchange rate registered a net change of -1.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1289 was down 6.40% compared to the 2018 peak of 0.1378, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 6,447 BGN

2018 Average 6,283 BGN

Yearly Trough Low 5,690 BGN

Transaction Impact: A difference of 757.10 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1257

0.1149

JanuMarcMayJulySeptNove

ZAR to BGN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.1221, compared to 0.1200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.1221

H2 Avg (Jul–Dec) 0.1200

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0109 BGN (High: 0.1289 / Low: 0.1180). On the other end, March was the most stable month, with a tight range of 0.0033 BGN (High: 0.1221 / Low: 0.1188).

January Spread (Volatile) ±0.0109

March Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0082 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.1239) against the same month in 2018 (average: 0.1315), the exchange rate shifted by -0.0077 (-5.82%).

2019 Avg (January) 0.1239

2018 Avg (January) 0.1315

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1289	0.1180	0.1239
February	0.1283	0.1221	0.1248
March	0.1221	0.1188	0.1203
April	0.1247	0.1213	0.1232
May	0.1229	0.1187	0.1213
June	0.1222	0.1154	0.1190
July	0.1264	0.1225	0.1240
August	0.1207	0.1138	0.1158
September	0.1212	0.1168	0.1194
October	0.1210	0.1161	0.1188
November	0.1211	0.1165	0.1196
December	0.1248	0.1192	0.1223