YEARLY HIGH
14.5377 LRD
YEARLY LOW
10.7953 LRD
YEARLY AVERAGE
12.8732 LRD

2019 ZAR to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 22, valuing the pair at 14.5377. Conversely, the yearly low was recorded on January 2, dropping to 10.7953.

This high-to-low spread represents a total annual volatility of 3.7425 LRD. From a start-to-finish perspective, comparing the January average rate of 11.5064 to the December average rate of 13.1085, the exchange rate registered a net change of 13.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 14.5377 was up 19.47% compared to the 2018 peak of 12.1686, 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 726,886 LRD
2018 Average 543,644 LRD
Yearly Trough Low 539,764 LRD
Transaction Impact: A difference of 187,122.69 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

14.5210
10.9711
JanuMarcMayJulySeptNove

ZAR to LRD 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 11.9939, compared to 13.7525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7586 points.

H1 Avg (Jan–Jun) 11.9939
H2 Avg (Jul–Dec) 13.7525

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 1.3846 LRD (High: 13.0841 / Low: 11.6995). On the other end, March was the most stable month, with a tight range of 0.3200 LRD (High: 11.4323 / Low: 11.1123).

May Spread (Volatile) ±1.3846
March Spread (Stable) ±0.3200

Growth Streaks & Declines

Trends

Between March and July, 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 0.8113 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.8113

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 14.2252) against the same month in 2018 (average: 11.5995), the exchange rate shifted by +2.6257 (+22.64%).

2019 Avg (July) 14.2252
2018 Avg (July) 11.5995

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.1220 10.7953 11.5064
February 12.0727 11.4016 11.6678
March 11.4323 11.1123 11.2669
April 11.8839 11.4640 11.7278
May 13.0841 11.6995 12.4724
June 13.9374 12.9003 13.3221
July 14.5377 13.8759 14.2252
August 13.8749 13.1296 13.4139
September 14.2958 13.6218 14.0076
October 14.5155 13.6345 14.1791
November 14.3545 13.0436 13.5805
December 13.3912 12.7630 13.1085