2019 ZAR to MRO Historical Review

YEARLY HIGH

26.9127 MRO

YEARLY LOW

23.0900 MRO

YEARLY AVERAGE

24.7376 MRO

2019 ZAR to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 26.9127. Conversely, the yearly low was recorded on August 19, dropping to 23.0900.

This high-to-low spread represents a total annual volatility of 3.8226 MRO. From a start-to-finish perspective, comparing the January average rate of 25.8144 to the December average rate of 24.8127, the exchange rate registered a net change of -3.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 26.9127 was down 12.73% compared to the 2018 peak of 30.8367, 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 1,345,633 MRO

2018 Average 1,350,167 MRO

Yearly Trough Low 1,154,501 MRO

Transaction Impact: A difference of 191,131.80 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

26.0989

23.2887

JanuMarcMayJulySeptNove

ZAR to MRO 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 25.1695, compared to 24.3058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8636 points.

H1 Avg (Jan–Jun) 25.1695

H2 Avg (Jul–Dec) 24.3058

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 2.4434 MRO (High: 26.9127 / Low: 24.4693). On the other end, November was the most stable month, with a tight range of 0.6094 MRO (High: 24.3628 / Low: 23.7534).

January Spread (Volatile) ±2.4434

November Spread (Stable) ±0.6094

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 1.8611 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.8611

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 25.8144) against the same month in 2018 (average: 29.1196), the exchange rate shifted by -3.3053 (-11.35%).

2019 Avg (January) 25.8144

2018 Avg (January) 29.1196

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	26.9127	24.4693	25.8144
February	26.7947	25.2660	25.8647
March	25.1934	24.4316	24.8065
April	25.6698	24.6997	25.2415
May	25.2040	24.1368	24.7758
June	25.3536	23.7699	24.5139
July	25.7407	24.8881	25.3840
August	24.4188	23.0900	23.5229
September	24.4893	23.4107	24.0084
October	24.5014	23.2757	23.9789
November	24.3628	23.7534	24.1280
December	25.4802	24.1397	24.8127