2019 ZAR to MGA Historical Review

YEARLY HIGH

266.3943 MGA

YEARLY LOW

169.3753 MGA

YEARLY AVERAGE

251.6037 MGA

2019 ZAR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 266.3943. Conversely, the yearly low was recorded on December 16, dropping to 169.3753.

This high-to-low spread represents a total annual volatility of 97.0189 MGA. From a start-to-finish perspective, comparing the January average rate of 257.3532 to the December average rate of 250.5900, the exchange rate registered a net change of -2.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 266.3943 was down 3.12% compared to the 2018 peak of 274.9785, 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 13,319,714 MGA

2018 Average 12,663,507 MGA

Yearly Trough Low 8,468,767 MGA

Transaction Impact: A difference of 4,850,947.18 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

260.1591

241.4123

JanuMarcMayJulySeptNove

ZAR to MGA 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 253.0776, compared to 250.1298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.9478 points.

H1 Avg (Jan–Jun) 253.0776

H2 Avg (Jul–Dec) 250.1298

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 94.3983 MGA (High: 263.7736 / Low: 169.3753). On the other end, July was the most stable month, with a tight range of 9.2388 MGA (High: 262.3555 / Low: 253.1167).

December Spread (Volatile) ±94.3983

July Spread (Stable) ±9.2388

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 15.6223 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -15.6223

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 257.3532) against the same month in 2018 (average: 266.0471), the exchange rate shifted by -8.6940 (-3.27%).

2019 Avg (January) 257.3532

2018 Avg (January) 266.0471

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	266.3943	239.2140	257.3532
February	262.6757	249.8278	256.1733
March	250.5222	240.9120	246.1155
April	261.9184	250.1827	255.4500
May	256.3537	246.7766	252.8901
June	259.1720	243.9109	250.4832
July	262.3555	253.1167	258.5969
August	250.8238	238.8181	242.9745
September	256.6199	243.9096	251.6353
October	253.0149	241.8697	247.5693
November	254.4968	244.8708	249.4127
December	263.7736	169.3753	250.5900