YEARLY HIGH
8.2188 JPY
YEARLY LOW
6.8286 JPY
YEARLY AVERAGE
7.5560 JPY

2019 ZAR to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 8.2188. Conversely, the yearly low was recorded on August 25, dropping to 6.8286.

This high-to-low spread represents a total annual volatility of 1.3902 JPY. From a start-to-finish perspective, comparing the January average rate of 7.8782 to the December average rate of 7.5872, the exchange rate registered a net change of -3.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 8.2188 was down 11.24% compared to the 2018 peak of 9.2592, 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 410,940 JPY
2018 Average 418,947 JPY
Yearly Trough Low 341,431 JPY
Transaction Impact: A difference of 69,508.84 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

8.0949
6.8917
JanuMarcMayJulySeptNove

ZAR to JPY 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 7.7578, compared to 7.3543 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4035 points.

H1 Avg (Jan–Jun) 7.7578
H2 Avg (Jul–Dec) 7.3543

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.8417 JPY (High: 8.2055 / Low: 7.3638). On the other end, July was the most stable month, with a tight range of 0.2065 JPY (High: 7.7929 / Low: 7.5865).

January Spread (Volatile) ±0.8417
July Spread (Stable) ±0.2065

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.7040 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.7040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 7.9946) against the same month in 2018 (average: 9.1284), the exchange rate shifted by -1.1338 (-12.42%).

2019 Avg (February) 7.9946
2018 Avg (February) 9.1284

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.2055 7.3638 7.8782
February 8.2188 7.8235 7.9946
March 7.8946 7.5623 7.7218
April 8.0282 7.7308 7.8985
May 7.7621 7.3921 7.6324
June 7.6968 7.2212 7.4211
July 7.7929 7.5865 7.6959
August 7.3492 6.8286 6.9920
September 7.4144 6.9629 7.2299
October 7.4794 6.9978 7.2626
November 7.4714 7.1995 7.3581
December 7.8012 7.3554 7.5872