2019 ZAR to KMF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 ZAR to KMF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the ZAR to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 23, valuing the pair at 1601.4997. Conversely, the yearly low was recorded on August 19, dropping to 28.4359.
This high-to-low spread represents a total annual volatility of 1573.0638 KMF. From a start-to-finish perspective, comparing the January average rate of 31.1965 to the December average rate of 30.8223, the exchange rate registered a net change of -1.20% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 1601.4997 was up 3.79% compared to the 2018 peak of 1543.0827, 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 KMF 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 30.7255, compared to 38.6455 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.9200 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was July, with a trading range of 1570.7890 KMF (High: 1601.4997 / Low: 30.7107). On the other end, March was the most stable month, with a tight range of 0.8829 KMF (High: 30.7241 / Low: 29.8412).
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 52.7892 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2019: 81.8583) against the same month in 2018 (average: 31.4722), the exchange rate shifted by +50.3861 (+160.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 32.4385 | 29.7503 | 31.1965 |
| February | 32.2695 | 30.7323 | 31.4328 |
| March | 30.7241 | 29.8412 | 30.2674 |
| April | 31.4491 | 30.4319 | 30.9869 |
| May | 30.9898 | 29.9108 | 30.5423 |
| June | 30.7599 | 29.0451 | 29.9270 |
| July | 1601.4997 | 30.7107 | 81.8583 |
| August | 30.2531 | 28.4359 | 29.0691 |
| September | 30.6363 | 29.3814 | 30.0902 |
| October | 30.4552 | 29.2954 | 29.9159 |
| November | 30.5217 | 29.4489 | 30.1170 |
| December | 31.6220 | 30.0614 | 30.8223 |