YEARLY HIGH
1.4402 MXN
YEARLY LOW
1.2711 MXN
YEARLY AVERAGE
1.3333 MXN

2019 ZAR to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 1.4402. Conversely, the yearly low was recorded on August 11, dropping to 1.2711.

This high-to-low spread represents a total annual volatility of 0.1691 MXN. From a start-to-finish perspective, comparing the January average rate of 1.3864 to the December average rate of 1.3267, the exchange rate registered a net change of -4.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.4402 was down 10.78% compared to the 2018 peak of 1.6141, 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 72,009 MXN
2018 Average 72,936 MXN
Yearly Trough Low 63,554 MXN
Transaction Impact: A difference of 8,455.04 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.3987
1.2874
JanuMarcMayJulySeptNove

ZAR to MXN 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 1.3507, compared to 1.3159 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0347 points.

H1 Avg (Jan–Jun) 1.3507
H2 Avg (Jul–Dec) 1.3159

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0949 MXN (High: 1.4402 / Low: 1.3453). On the other end, September was the most stable month, with a tight range of 0.0303 MXN (High: 1.3313 / Low: 1.3010).

January Spread (Volatile) ±0.0949
September Spread (Stable) ±0.0303

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 0.0571 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0571

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 1.3864) against the same month in 2018 (average: 1.5512), the exchange rate shifted by -0.1648 (-10.62%).

2019 Avg (January) 1.3864
2018 Avg (January) 1.5512

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4402 1.3453 1.3864
February 1.4336 1.3631 1.3894
March 1.3593 1.3105 1.3379
April 1.3599 1.3170 1.3390
May 1.3489 1.3047 1.3266
June 1.3695 1.2889 1.3246
July 1.3763 1.3323 1.3543
August 1.3215 1.2711 1.2972
September 1.3313 1.3010 1.3168
October 1.3119 1.2734 1.2967
November 1.3338 1.2715 1.3040
December 1.3513 1.3021 1.3267