YEARLY HIGH
58.5458 CLP
YEARLY LOW
45.7909 CLP
YEARLY AVERAGE
48.6963 CLP

2019 ZAR to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 58.5458. Conversely, the yearly low was recorded on August 25, dropping to 45.7909.

This high-to-low spread represents a total annual volatility of 12.7549 CLP. From a start-to-finish perspective, comparing the January average rate of 48.8083 to the December average rate of 53.3388, the exchange rate registered a net change of 9.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 58.5458 was up 12.47% compared to the 2018 peak of 52.0536, 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 2,927,289 CLP
2018 Average 2,429,656 CLP
Yearly Trough Low 2,289,544 CLP
Transaction Impact: A difference of 637,744.29 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

54.0129
45.9233
JanuMarcMayJulySeptNove

ZAR to CLP 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 47.5921, compared to 49.8006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2085 points.

H1 Avg (Jan–Jun) 47.5921
H2 Avg (Jul–Dec) 49.8006

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 9.1493 CLP (High: 58.5458 / Low: 49.3965). On the other end, April was the most stable month, with a tight range of 1.0736 CLP (High: 47.6298 / Low: 46.5562).

November Spread (Volatile) ±9.1493
April Spread (Stable) ±1.0736

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 1.8277 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.8277

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 52.8846) against the same month in 2018 (average: 48.0980), the exchange rate shifted by +4.7866 (+9.95%).

2019 Avg (November) 52.8846
2018 Avg (November) 48.0980

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.9557 47.7607 48.8083
February 49.0786 46.5016 47.5320
March 47.4737 46.0105 46.5974
April 47.6298 46.5562 47.1416
May 48.6882 46.7996 48.0075
June 48.6774 46.1212 47.4656
July 49.8151 48.1136 48.8512
August 48.4029 45.7909 47.0235
September 48.8328 47.3674 48.2782
October 49.8262 47.3470 48.4271
November 58.5458 49.3965 52.8846
December 58.5304 51.9167 53.3388