YEARLY HIGH
0.1586 FJD
YEARLY LOW
0.1251 FJD
YEARLY AVERAGE
0.1493 FJD

2019 ZAR to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.1586. Conversely, the yearly low was recorded on September 15, dropping to 0.1251.

This high-to-low spread represents a total annual volatility of 0.0336 FJD. From a start-to-finish perspective, comparing the January average rate of 0.1535 to the December average rate of 0.1506, the exchange rate registered a net change of -1.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1586 was down 9.55% compared to the 2018 peak of 0.1754, 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 7,932 FJD
2018 Average 7,900 FJD
Yearly Trough Low 6,254 FJD
Transaction Impact: A difference of 1,677.92 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1548
0.1424
JanuMarcMayJulySeptNove

ZAR to FJD 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 0.1506, compared to 0.1479 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.1506
H2 Avg (Jul–Dec) 0.1479

Volatility Range Comparison

Volatility

The most volatile month in 2019 was September, with a trading range of 0.0241 FJD (High: 0.1492 / Low: 0.1251). On the other end, July was the most stable month, with a tight range of 0.0041 FJD (High: 0.1547 / Low: 0.1507).

September Spread (Volatile) ±0.0241
July Spread (Stable) ±0.0041

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 0.0088 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.1537) against the same month in 2018 (average: 0.1708), the exchange rate shifted by -0.0171 (-9.99%).

2019 Avg (February) 0.1537
2018 Avg (February) 0.1708

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1583 0.1468 0.1535
February 0.1586 0.1501 0.1537
March 0.1501 0.1455 0.1479
April 0.1535 0.1487 0.1511
May 0.1522 0.1461 0.1499
June 0.1517 0.1428 0.1477
July 0.1547 0.1507 0.1522
August 0.1480 0.1408 0.1434
September 0.1492 0.1251 0.1460
October 0.1502 0.1433 0.1474
November 0.1497 0.1449 0.1478
December 0.1539 0.1463 0.1506