2019 ZAR to HKD Historical Review

YEARLY HIGH

0.5915 HKD

YEARLY LOW

0.5073 HKD

YEARLY AVERAGE

0.5429 HKD

2019 ZAR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.5915. Conversely, the yearly low was recorded on August 19, dropping to 0.5073.

This high-to-low spread represents a total annual volatility of 0.0842 HKD. From a start-to-finish perspective, comparing the January average rate of 0.5670 to the December average rate of 0.5424, the exchange rate registered a net change of -4.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5915 was down 12.71% compared to the 2018 peak of 0.6777, 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 29,575 HKD

2018 Average 29,777 HKD

Yearly Trough Low 25,367 HKD

Transaction Impact: A difference of 4,208.30 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5738

0.5115

JanuMarcMayJulySeptNove

ZAR to HKD 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 0.5530, compared to 0.5329 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0201 points.

H1 Avg (Jan–Jun) 0.5530

H2 Avg (Jul–Dec) 0.5329

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0545 HKD (High: 0.5915 / Low: 0.5370). On the other end, November was the most stable month, with a tight range of 0.0128 HKD (High: 0.5342 / Low: 0.5214).

January Spread (Volatile) ±0.0545

November Spread (Stable) ±0.0128

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 0.0388 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0388

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.5670) against the same month in 2018 (average: 0.6416), the exchange rate shifted by -0.0746 (-11.63%).

2019 Avg (January) 0.5670

2018 Avg (January) 0.6416

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5915	0.5370	0.5670
February	0.5889	0.5554	0.5686
March	0.5540	0.5372	0.5454
April	0.5635	0.5426	0.5547
May	0.5541	0.5306	0.5447
June	0.5548	0.5221	0.5374
July	0.5633	0.5457	0.5555
August	0.5353	0.5073	0.5167
September	0.5365	0.5143	0.5270
October	0.5380	0.5113	0.5267
November	0.5342	0.5214	0.5291
December	0.5559	0.5292	0.5424