YEARLY HIGH
0.5062 CNY
YEARLY LOW
0.4556 CNY
YEARLY AVERAGE
0.4784 CNY

2019 ZAR to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.5062. Conversely, the yearly low was recorded on August 14, dropping to 0.4556.

This high-to-low spread represents a total annual volatility of 0.0507 CNY. From a start-to-finish perspective, comparing the January average rate of 0.4910 to the December average rate of 0.4873, the exchange rate registered a net change of -0.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5062 was down 7.89% compared to the 2018 peak of 0.5496, 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 25,312 CNY
2018 Average 25,065 CNY
Yearly Trough Low 22,779 CNY
Transaction Impact: A difference of 2,532.99 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4936
0.4626
JanuMarcMayJulySeptNove

ZAR to CNY 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 0.4783, compared to 0.4785 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.4783
H2 Avg (Jul–Dec) 0.4785

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0348 CNY (High: 0.5051 / Low: 0.4703). On the other end, November was the most stable month, with a tight range of 0.0117 CNY (High: 0.4799 / Low: 0.4682).

January Spread (Volatile) ±0.0348
November Spread (Stable) ±0.0117

Growth Streaks & Declines

Trends

Between March and May, 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 0.0240 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0240

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.4884) against the same month in 2018 (average: 0.5351), the exchange rate shifted by -0.0467 (-8.73%).

2019 Avg (February) 0.4884
2018 Avg (February) 0.5351

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5051 0.4703 0.4910
February 0.5062 0.4757 0.4884
March 0.4733 0.4604 0.4665
April 0.4829 0.4651 0.4749
May 0.4836 0.4635 0.4756
June 0.4877 0.4601 0.4736
July 0.4961 0.4799 0.4892
August 0.4719 0.4556 0.4651
September 0.4856 0.4697 0.4785
October 0.4851 0.4659 0.4766
November 0.4799 0.4682 0.4745
December 0.4986 0.4756 0.4873