2019 ZAR to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 ZAR to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the ZAR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 192.7461. Conversely, the yearly low was recorded on June 6, dropping to 163.3763.
This high-to-low spread represents a total annual volatility of 29.3698 MNT. From a start-to-finish perspective, comparing the January average rate of 177.4285 to the December average rate of 187.4048, the exchange rate registered a net change of 5.62% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 192.7461 was down 7.08% compared to the 2018 peak of 207.4216, 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 MNT 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 174.3700, compared to 181.9498 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.5798 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was June, with a trading range of 25.5992 MNT (High: 188.9755 / Low: 163.3763). On the other end, November was the most stable month, with a tight range of 5.5640 MNT (High: 183.5957 / Low: 178.0317).
Growth Streaks & Declines
TrendsBetween 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 13.5296 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 187.4048) against the same month in 2018 (average: 172.5084), the exchange rate shifted by +14.8964 (+8.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 184.9774 | 168.1833 | 177.4285 |
| February | 184.1668 | 174.3575 | 179.2462 |
| March | 176.7733 | 168.8965 | 172.4195 |
| April | 180.5971 | 169.7672 | 176.5073 |
| May | 176.5508 | 165.8981 | 170.5725 |
| June | 188.9755 | 163.3763 | 170.0458 |
| July | 192.0246 | 185.6896 | 189.0224 |
| August | 182.2114 | 172.3623 | 175.4929 |
| September | 182.8429 | 174.6303 | 179.1410 |
| October | 183.6240 | 173.7259 | 179.1966 |
| November | 183.5957 | 178.0317 | 181.4408 |
| December | 192.7461 | 182.4913 | 187.4048 |