YEARLY HIGH
1053.3644 IDR
YEARLY LOW
916.4694 IDR
YEARLY AVERAGE
979.3742 IDR

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.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 52,668,222 IDR
2018 Average 53,700,081 IDR
Yearly Trough Low 45,823,468 IDR
Transaction Impact: A difference of 6,844,753.91 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1031.7910
928.2519
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 1000.1324
H2 Avg (Jul–Dec) 958.6161

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±65.7015
March Spread (Stable) ±27.2168

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 60.8629 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -60.8629

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2019 Avg (January) 1023.1627
2018 Avg (January) 1100.3483

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