YEARLY HIGH
0.5203 BOB
YEARLY LOW
0.4429 BOB
YEARLY AVERAGE
0.4789 BOB

2019 ZAR to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.5203. Conversely, the yearly low was recorded on August 25, dropping to 0.4429.

This high-to-low spread represents a total annual volatility of 0.0774 BOB. From a start-to-finish perspective, comparing the January average rate of 0.4995 to the December average rate of 0.4804, the exchange rate registered a net change of -3.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5203 was down 13.15% compared to the 2018 peak of 0.5991, 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 26,016 BOB
2018 Average 26,252 BOB
Yearly Trough Low 22,146 BOB
Transaction Impact: A difference of 3,869.93 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5053
0.4505
JanuMarcMayJulySeptNove

ZAR to BOB 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 0.4872, compared to 0.4705 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0167 points.

H1 Avg (Jan–Jun) 0.4872
H2 Avg (Jul–Dec) 0.4705

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0465 BOB (High: 0.5203 / Low: 0.4738). On the other end, November was the most stable month, with a tight range of 0.0117 BOB (High: 0.4718 / Low: 0.4601).

January Spread (Volatile) ±0.0465
November Spread (Stable) ±0.0117

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 0.0364 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0364

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.4995) against the same month in 2018 (average: 0.5671), the exchange rate shifted by -0.0676 (-11.92%).

2019 Avg (January) 0.4995
2018 Avg (January) 0.5671

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5203 0.4738 0.4995
February 0.5187 0.4893 0.5008
March 0.4888 0.4725 0.4800
April 0.4969 0.4781 0.4890
May 0.4878 0.4671 0.4795
June 0.4912 0.4605 0.4745
July 0.4985 0.4819 0.4915
August 0.4731 0.4429 0.4550
September 0.4739 0.4535 0.4647
October 0.4745 0.4495 0.4644
November 0.4718 0.4601 0.4672
December 0.4927 0.4677 0.4804