2019 ZAR to NIO Historical Review

YEARLY HIGH

2.4561 NIO

YEARLY LOW

2.1473 NIO

YEARLY AVERAGE

2.3025 NIO

2019 ZAR to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 2.4561. Conversely, the yearly low was recorded on August 25, dropping to 2.1473.

This high-to-low spread represents a total annual volatility of 0.3087 NIO. From a start-to-finish perspective, comparing the January average rate of 2.3513 to the December average rate of 2.3545, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.4561 was down 9.17% compared to the 2018 peak of 2.7040, 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 122,803 NIO

2018 Average 120,170 NIO

Yearly Trough Low 107,366 NIO

Transaction Impact: A difference of 15,436.77 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.3871

2.1922

JanuMarcMayJulySeptNove

ZAR to NIO 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 2.3163, compared to 2.2887 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0276 points.

H1 Avg (Jan–Jun) 2.3163

H2 Avg (Jul–Dec) 2.2887

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.2305 NIO (High: 2.4561 / Low: 2.2256). On the other end, November was the most stable month, with a tight range of 0.0598 NIO (High: 2.3188 / Low: 2.2590).

January Spread (Volatile) ±0.2305

November Spread (Stable) ±0.0598

Growth Streaks & Declines

Trends

Between 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 0.1583 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1583

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 2.3513) against the same month in 2018 (average: 2.5406), the exchange rate shifted by -0.1893 (-7.45%).

2019 Avg (January) 2.3513

2018 Avg (January) 2.5406

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4561	2.2256	2.3513
February	2.4555	2.3188	2.3709
March	2.3135	2.2473	2.2804
April	2.3757	2.2775	2.3273
May	2.3404	2.2273	2.2918
June	2.3747	2.2056	2.2764
July	2.4086	2.3352	2.3667
August	2.2928	2.1473	2.2085
September	2.3005	2.1977	2.2564
October	2.3170	2.1849	2.2605
November	2.3188	2.2590	2.2859
December	2.4327	2.2885	2.3545