2019 ZAR to EUR Historical Review

YEARLY HIGH

0.0658 EUR

YEARLY LOW

0.0581 EUR

YEARLY AVERAGE

0.0619 EUR

2019 ZAR to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.0658. Conversely, the yearly low was recorded on August 10, dropping to 0.0581.

This high-to-low spread represents a total annual volatility of 0.0077 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0633 to the December average rate of 0.0625, the exchange rate registered a net change of -1.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0658 was down 6.53% compared to the 2018 peak of 0.0705, 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 3,292 EUR

2018 Average 3,212 EUR

Yearly Trough Low 2,906 EUR

Transaction Impact: A difference of 386.62 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0643

0.0587

JanuMarcMayJulySeptNove

ZAR to EUR 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 0.0624, compared to 0.0613 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0624

H2 Avg (Jul–Dec) 0.0613

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0053 EUR (High: 0.0658 / Low: 0.0606). On the other end, March was the most stable month, with a tight range of 0.0017 EUR (High: 0.0624 / Low: 0.0607).

January Spread (Volatile) ±0.0053

March Spread (Stable) ±0.0017

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 0.0042 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0633) against the same month in 2018 (average: 0.0673), the exchange rate shifted by -0.0039 (-5.84%).

2019 Avg (January) 0.0633

2018 Avg (January) 0.0673

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0658	0.0606	0.0633
February	0.0655	0.0625	0.0638
March	0.0624	0.0607	0.0615
April	0.0638	0.0620	0.0629
May	0.0628	0.0607	0.0620
June	0.0625	0.0590	0.0608
July	0.0646	0.0626	0.0634
August	0.0617	0.0581	0.0592
September	0.0620	0.0597	0.0610
October	0.0618	0.0593	0.0607
November	0.0619	0.0596	0.0612
December	0.0638	0.0610	0.0625