YEARLY HIGH
28.7647 KZT
YEARLY LOW
24.7337 KZT
YEARLY AVERAGE
26.5334 KZT

2019 ZAR to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 28.7647. Conversely, the yearly low was recorded on August 25, dropping to 24.7337.

This high-to-low spread represents a total annual volatility of 4.0310 KZT. From a start-to-finish perspective, comparing the January average rate of 27.3696 to the December average rate of 26.7025, the exchange rate registered a net change of -2.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 28.7647 was up 3.67% compared to the 2018 peak of 27.7452, 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 1,438,237 KZT
2018 Average 1,305,157 KZT
Yearly Trough Low 1,236,685 KZT
Transaction Impact: A difference of 201,552.21 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

27.5583
25.2939
JanuMarcMayJulySeptNove

ZAR to KZT 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 26.7487, compared to 26.3180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4307 points.

H1 Avg (Jan–Jun) 26.7487
H2 Avg (Jul–Dec) 26.3180

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 2.4101 KZT (High: 28.7647 / Low: 26.3547). On the other end, November was the most stable month, with a tight range of 0.4541 KZT (High: 26.3842 / Low: 25.9301).

January Spread (Volatile) ±2.4101
November Spread (Stable) ±0.4541

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 1.8410 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.8410

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 27.3696) against the same month in 2018 (average: 26.8177), the exchange rate shifted by +0.5519 (+2.06%).

2019 Avg (January) 27.3696
2018 Avg (January) 26.8177

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.7647 26.3547 27.3696
February 28.7412 26.5981 27.3439
March 26.6560 25.9517 26.2853
April 27.2811 26.1674 26.8526
May 26.8320 25.7555 26.3862
June 27.0553 25.6126 26.2548
July 27.7071 26.8032 27.3237
August 26.3531 24.7337 25.4826
September 26.5246 25.4255 26.0432
October 26.7327 25.2612 26.1470
November 26.3842 25.9301 26.2089
December 27.3244 26.1501 26.7025