YEARLY HIGH
13.4224 DJF
YEARLY LOW
10.5986 DJF
YEARLY AVERAGE
12.3300 DJF

2019 ZAR to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 13.4224. Conversely, the yearly low was recorded on January 22, dropping to 10.5986.

This high-to-low spread represents a total annual volatility of 2.8238 DJF. From a start-to-finish perspective, comparing the January average rate of 12.8031 to the December average rate of 12.3724, the exchange rate registered a net change of -3.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 13.4224 was down 12.50% compared to the 2018 peak of 15.3404, 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 671,120 DJF
2018 Average 675,589 DJF
Yearly Trough Low 529,928 DJF
Transaction Impact: A difference of 141,191.82 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

13.0142
11.6139
JanuMarcMayJulySeptNove

ZAR to DJF 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 12.5395, compared to 12.1205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4190 points.

H1 Avg (Jan–Jun) 12.5395
H2 Avg (Jul–Dec) 12.1205

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 2.8238 DJF (High: 13.4224 / Low: 10.5986). On the other end, November was the most stable month, with a tight range of 0.3038 DJF (High: 12.1473 / Low: 11.8434).

January Spread (Volatile) ±2.8238
November Spread (Stable) ±0.3038

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 0.9279 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9279

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 12.8031) against the same month in 2018 (average: 14.6631), the exchange rate shifted by -1.8600 (-12.68%).

2019 Avg (January) 12.8031
2018 Avg (January) 14.6631

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.4224 10.5986 12.8031
February 13.3636 12.5976 12.8975
March 12.5649 12.1816 12.3697
April 12.7990 12.3170 12.5871
May 12.5702 12.0380 12.3551
June 12.6413 11.8550 12.2243
July 12.8379 12.4127 12.6585
August 12.1786 11.5143 11.7306
September 12.2103 11.6758 11.9723
October 12.2198 11.6085 11.9574
November 12.1473 11.8434 12.0319
December 12.7044 12.0377 12.3724