2019 ZAR to BIF Historical Review

YEARLY HIGH

136.8632 BIF

YEARLY LOW

118.1059 BIF

YEARLY AVERAGE

127.5894 BIF

2019 ZAR to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 136.8632. Conversely, the yearly low was recorded on August 25, dropping to 118.1059.

This high-to-low spread represents a total annual volatility of 18.7574 BIF. From a start-to-finish perspective, comparing the January average rate of 130.5189 to the December average rate of 130.4831, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 136.8632 was down 10.94% compared to the 2018 peak of 153.6750, 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 6,843,162 BIF

2018 Average 6,751,394 BIF

Yearly Trough Low 5,905,293 BIF

Transaction Impact: A difference of 937,868.92 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

132.3981

120.5482

JanuMarcMayJulySeptNove

ZAR to BIF 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 128.6751, compared to 126.5038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1713 points.

H1 Avg (Jan–Jun) 128.6751

H2 Avg (Jul–Dec) 126.5038

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 12.7052 BIF (High: 135.9541 / Low: 123.2489). On the other end, November was the most stable month, with a tight range of 3.4426 BIF (High: 127.6404 / Low: 124.1978).

January Spread (Volatile) ±12.7052

November Spread (Stable) ±3.4426

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 9.5331 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -9.5331

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 131.4106) against the same month in 2018 (average: 149.3503), the exchange rate shifted by -17.9397 (-12.01%).

2019 Avg (February) 131.4106

2018 Avg (February) 149.3503

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	135.9541	123.2489	130.5189
February	136.8632	127.4842	131.4106
March	128.6881	124.3210	126.4749
April	131.5458	126.7066	129.5402
May	129.6207	125.0012	127.4975
June	131.0511	122.8439	126.6083
July	132.9533	128.5632	131.0688
August	126.1493	118.1059	121.5357
September	127.6598	121.3328	124.5973
October	127.9067	120.1153	124.8035
November	127.6404	124.1978	126.5344
December	134.3570	126.8549	130.4831