YEARLY HIGH
0.0754 BMD
YEARLY LOW
0.0647 BMD
YEARLY AVERAGE
0.0693 BMD

2019 ZAR to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.0754. Conversely, the yearly low was recorded on August 19, dropping to 0.0647.

This high-to-low spread represents a total annual volatility of 0.0107 BMD. From a start-to-finish perspective, comparing the January average rate of 0.0723 to the December average rate of 0.0695, the exchange rate registered a net change of -3.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0754 was down 12.97% compared to the 2018 peak of 0.0866, 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 3,769 BMD
2018 Average 3,799 BMD
Yearly Trough Low 3,234 BMD
Transaction Impact: A difference of 535.38 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0731
0.0652
JanuMarcMayJulySeptNove

ZAR to BMD 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 0.0705, compared to 0.0681 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0705
H2 Avg (Jul–Dec) 0.0681

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0068 BMD (High: 0.0754 / Low: 0.0685). On the other end, November was the most stable month, with a tight range of 0.0017 BMD (High: 0.0682 / Low: 0.0665).

January Spread (Volatile) ±0.0068
November Spread (Stable) ±0.0017

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 0.0052 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0723) against the same month in 2018 (average: 0.0821), the exchange rate shifted by -0.0097 (-11.88%).

2019 Avg (January) 0.0723
2018 Avg (January) 0.0821

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0754 0.0685 0.0723
February 0.0751 0.0708 0.0725
March 0.0706 0.0684 0.0695
April 0.0719 0.0692 0.0707
May 0.0706 0.0676 0.0694
June 0.0710 0.0666 0.0687
July 0.0721 0.0697 0.0711
August 0.0684 0.0647 0.0659
September 0.0686 0.0656 0.0673
October 0.0686 0.0652 0.0672
November 0.0682 0.0665 0.0676
December 0.0714 0.0676 0.0695