YEARLY HIGH
3174.1102 IRR
YEARLY LOW
2723.2640 IRR
YEARLY AVERAGE
2921.0447 IRR

2019 ZAR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 3174.1102. Conversely, the yearly low was recorded on August 19, dropping to 2723.2640.

This high-to-low spread represents a total annual volatility of 450.8462 IRR. From a start-to-finish perspective, comparing the January average rate of 3059.2964 to the December average rate of 2926.4531, the exchange rate registered a net change of -4.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 3174.1102 was down 7.51% compared to the 2018 peak of 3431.9689, 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 158,705,509 IRR
2018 Average 153,893,664 IRR
Yearly Trough Low 136,163,199 IRR
Transaction Impact: A difference of 22,542,309.36 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

3087.7862
2745.9085
JanuMarcMayJulySeptNove

ZAR to IRR 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 2975.2538, compared to 2866.8356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 108.4182 points.

H1 Avg (Jan–Jun) 2975.2538
H2 Avg (Jul–Dec) 2866.8356

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 288.1770 IRR (High: 3174.1102 / Low: 2885.9332). On the other end, November was the most stable month, with a tight range of 71.6972 IRR (High: 2873.3740 / Low: 2801.6768).

January Spread (Volatile) ±288.1770
November Spread (Stable) ±71.6972

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 219.4223 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -219.4223

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 3059.2964) against the same month in 2018 (average: 2957.8085), the exchange rate shifted by +101.4878 (+3.43%).

2019 Avg (January) 3059.2964
2018 Avg (January) 2957.8085

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3174.1102 2885.9332 3059.2964
February 3160.2009 2979.9052 3051.5850
March 2988.2070 2881.4955 2930.3948
April 3032.6657 2913.1122 2984.5525
May 2972.5933 2846.7197 2926.3616
June 2990.2363 2830.4689 2899.3323
July 3035.8895 2935.3297 2993.8206
August 2879.9836 2723.2640 2774.3983
September 2899.3389 2761.0846 2832.4093
October 2889.7231 2745.1600 2828.1386
November 2873.3740 2801.6768 2845.7936
December 3005.1603 2847.0677 2926.4531