YEARLY HIGH
21.1371 HUF
YEARLY LOW
18.8815 HUF
YEARLY AVERAGE
20.1238 HUF

2019 ZAR to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 21.1371. Conversely, the yearly low was recorded on June 8, dropping to 18.8815.

This high-to-low spread represents a total annual volatility of 2.2555 HUF. From a start-to-finish perspective, comparing the January average rate of 20.2376 to the December average rate of 20.6962, the exchange rate registered a net change of 2.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 21.1371 was down 4.14% compared to the 2018 peak of 22.0491, 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 1,056,853 HUF
2018 Average 1,023,438 HUF
Yearly Trough Low 944,077 HUF
Transaction Impact: A difference of 112,775.27 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

20.8288
19.2374
JanuMarcMayJulySeptNove

ZAR to HUF 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 19.9941, compared to 20.2534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2593 points.

H1 Avg (Jan–Jun) 19.9941
H2 Avg (Jul–Dec) 20.2534

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 1.3309 HUF (High: 20.8016 / Low: 19.4707). On the other end, April was the most stable month, with a tight range of 0.5297 HUF (High: 20.5011 / Low: 19.9715).

January Spread (Volatile) ±1.3309
April Spread (Stable) ±0.5297

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 1.2651 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.2651

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 20.6962) against the same month in 2018 (average: 19.8542), the exchange rate shifted by +0.8421 (+4.24%).

2019 Avg (December) 20.6962
2018 Avg (December) 19.8542

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.8016 19.4707 20.2376
February 20.8231 19.7366 20.2932
March 19.9485 19.0095 19.4518
April 20.5011 19.9715 20.2216
May 20.3789 19.7262 20.1497
June 20.1910 18.8815 19.6110
July 21.0353 20.2570 20.6351
August 20.2098 18.8981 19.3700
September 20.6033 19.7870 20.3104
October 20.3667 19.5024 20.1134
November 20.7367 19.5437 20.3954
December 21.1371 20.1726 20.6962