2019 ZAR to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 ZAR to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the ZAR to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 1053.3644. Conversely, the yearly low was recorded on August 24, dropping to 916.4694.
This high-to-low spread represents a total annual volatility of 136.8951 IDR. From a start-to-finish perspective, comparing the January average rate of 1023.1627 to the December average rate of 972.2222, the exchange rate registered a net change of -4.98% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 1053.3644 was down 10.89% compared to the 2018 peak of 1182.1214, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
ZAR to IDR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1000.1324, compared to 958.6161 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 41.5164 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was January, with a trading range of 65.7015 IDR (High: 1053.3644 / Low: 987.6630). On the other end, March was the most stable month, with a tight range of 27.2168 IDR (High: 998.8768 / Low: 971.6599).
Growth Streaks & Declines
TrendsBetween 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 60.8629 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 1023.1627) against the same month in 2018 (average: 1100.3483), the exchange rate shifted by -77.1856 (-7.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1053.3644 | 987.6630 | 1023.1627 |
| February | 1047.0731 | 997.1920 | 1016.3488 |
| March | 998.8768 | 971.6599 | 987.9464 |
| April | 1016.7745 | 975.6930 | 999.4609 |
| May | 1016.9355 | 973.9223 | 996.7175 |
| June | 1003.3494 | 949.6295 | 977.1583 |
| July | 1012.0346 | 977.1553 | 997.7430 |
| August | 965.8214 | 916.4694 | 936.8801 |
| September | 962.7349 | 931.0039 | 947.5964 |
| October | 966.1167 | 923.9724 | 947.3871 |
| November | 961.2614 | 931.0443 | 949.8674 |
| December | 994.7528 | 947.4264 | 972.2222 |