YEARLY HIGH
46.0770 CRC
YEARLY LOW
36.2669 CRC
YEARLY AVERAGE
40.7041 CRC

2019 ZAR to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 46.0770. Conversely, the yearly low was recorded on August 25, dropping to 36.2669.

This high-to-low spread represents a total annual volatility of 9.8102 CRC. From a start-to-finish perspective, comparing the January average rate of 43.6367 to the December average rate of 39.4055, the exchange rate registered a net change of -9.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 46.0770 was down 6.79% compared to the 2018 peak of 49.4345, 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 2,303,852 CRC
2018 Average 2,188,266 CRC
Yearly Trough Low 1,813,344 CRC
Transaction Impact: A difference of 490,508.66 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

44.8437
36.8472
JanuMarcMayJulySeptNove

ZAR to CRC 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 42.2423, compared to 39.1659 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.0764 points.

H1 Avg (Jan–Jun) 42.2423
H2 Avg (Jul–Dec) 39.1659

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 4.6204 CRC (High: 46.0770 / Low: 41.4566). On the other end, March was the most stable month, with a tight range of 1.5693 CRC (High: 42.7547 / Low: 41.1854).

January Spread (Volatile) ±4.6204
March Spread (Stable) ±1.5693

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 3.5417 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.5417

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 43.6367) against the same month in 2018 (average: 46.5408), the exchange rate shifted by -2.9041 (-6.24%).

2019 Avg (January) 43.6367
2018 Avg (January) 46.5408

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 46.0770 41.4566 43.6367
February 45.8894 43.1120 44.1773
March 42.7547 41.1854 41.9201
April 43.4215 41.4099 42.4075
May 42.0055 39.7492 41.0784
June 41.3974 39.1837 40.2337
July 41.7084 39.8846 41.0553
August 39.1117 36.2669 37.5136
September 39.5338 37.3090 38.8513
October 39.9362 37.7764 39.0732
November 39.7510 38.0234 39.0968
December 40.8067 38.3017 39.4055