YEARLY HIGH
1.2919 MDL
YEARLY LOW
1.1295 MDL
YEARLY AVERAGE
1.2139 MDL

2019 ZAR to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 1.2919. Conversely, the yearly low was recorded on August 14, dropping to 1.1295.

This high-to-low spread represents a total annual volatility of 0.1624 MDL. From a start-to-finish perspective, comparing the January average rate of 1.2380 to the December average rate of 1.1997, the exchange rate registered a net change of -3.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.2919 was down 10.91% compared to the 2018 peak of 1.4501, 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 64,594 MDL
2018 Average 63,802 MDL
Yearly Trough Low 56,475 MDL
Transaction Impact: A difference of 8,118.81 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.2684
1.1517
JanuMarcMayJulySeptNove

ZAR to MDL 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 1.2345, compared to 1.1933 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0412 points.

H1 Avg (Jan–Jun) 1.2345
H2 Avg (Jul–Dec) 1.1933

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.1176 MDL (High: 1.2919 / Low: 1.1743). On the other end, May was the most stable month, with a tight range of 0.0353 MDL (High: 1.2624 / Low: 1.2271).

January Spread (Volatile) ±0.1176
May Spread (Stable) ±0.0353

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 0.0973 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0973

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 1.2380) against the same month in 2018 (average: 1.3905), the exchange rate shifted by -0.1525 (-10.96%).

2019 Avg (January) 1.2380
2018 Avg (January) 1.3905

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2919 1.1743 1.2380
February 1.2783 1.2112 1.2380
March 1.2123 1.1747 1.1933
April 1.2784 1.2176 1.2480
May 1.2624 1.2271 1.2449
June 1.2843 1.2026 1.2447
July 1.2809 1.2289 1.2587
August 1.2194 1.1295 1.1615
September 1.2171 1.1623 1.1903
October 1.1967 1.1476 1.1726
November 1.1940 1.1576 1.1768
December 1.2260 1.1698 1.1997