2019 ZAR to CDF Historical Review

YEARLY HIGH

123.5376 CDF

YEARLY LOW

105.9441 CDF

YEARLY AVERAGE

114.5085 CDF

2019 ZAR to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 123.5376. Conversely, the yearly low was recorded on August 25, dropping to 105.9441.

This high-to-low spread represents a total annual volatility of 17.5936 CDF. From a start-to-finish perspective, comparing the January average rate of 118.2099 to the December average rate of 116.6490, the exchange rate registered a net change of -1.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 123.5376 was down 11.81% compared to the 2018 peak of 140.0789, 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 6,176,881 CDF

2018 Average 6,150,398 CDF

Yearly Trough Low 5,297,203 CDF

Transaction Impact: A difference of 879,678.65 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

119.6216

108.2475

JanuMarcMayJulySeptNove

ZAR to CDF 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 115.6987, compared to 113.3183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3804 points.

H1 Avg (Jan–Jun) 115.6987

H2 Avg (Jul–Dec) 113.3183

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 11.3627 CDF (High: 123.5376 / Low: 112.1749). On the other end, March was the most stable month, with a tight range of 3.3346 CDF (High: 115.5995 / Low: 112.2650).

January Spread (Volatile) ±11.3627

March Spread (Stable) ±3.3346

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 8.8358 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -8.8358

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 118.2099) against the same month in 2018 (average: 131.3874), the exchange rate shifted by -13.1775 (-10.03%).

2019 Avg (January) 118.2099

2018 Avg (January) 131.3874

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	123.5376	112.1749	118.2099
February	123.1876	115.9952	118.6738
March	115.5995	112.2650	113.7218
April	117.9617	113.5202	115.8725
May	115.4682	111.3019	114.1184
June	117.9176	110.1570	113.5959
July	119.6414	115.7148	118.0311
August	113.5364	105.9441	109.1953
September	114.2833	109.1118	111.9169
October	114.3398	108.0635	111.6782
November	113.6880	110.1019	112.4393
December	120.3239	113.1911	116.6490