2019 ZAR to NOK Historical Review

YEARLY HIGH

0.6357 NOK

YEARLY LOW

0.5766 NOK

YEARLY AVERAGE

0.6093 NOK

2019 ZAR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.6357. Conversely, the yearly low was recorded on June 8, dropping to 0.5766.

This high-to-low spread represents a total annual volatility of 0.0591 NOK. From a start-to-finish perspective, comparing the January average rate of 0.6183 to the December average rate of 0.6266, the exchange rate registered a net change of 1.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.6357 was down 6.50% compared to the 2018 peak of 0.6799, 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 31,784 NOK

2018 Average 30,861 NOK

Yearly Trough Low 28,830 NOK

Transaction Impact: A difference of 2,953.73 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6302

0.5871

JanuMarcMayJulySeptNove

ZAR to NOK 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 0.6071, compared to 0.6114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.6071

H2 Avg (Jul–Dec) 0.6114

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.0378 NOK (High: 0.6328 / Low: 0.5950). On the other end, December was the most stable month, with a tight range of 0.0098 NOK (High: 0.6303 / Low: 0.6205).

October Spread (Volatile) ±0.0378

December Spread (Stable) ±0.0098

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 February and March, when the average rate fell by 0.0241 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0241

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.6183) against the same month in 2018 (average: 0.6487), the exchange rate shifted by -0.0304 (-4.68%).

2019 Avg (January) 0.6183

2018 Avg (January) 0.6487

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6357	0.6008	0.6183
February	0.6343	0.6083	0.6219
March	0.6116	0.5879	0.5977
April	0.6111	0.5980	0.6057
May	0.6151	0.5926	0.6065
June	0.6065	0.5766	0.5922
July	0.6230	0.6059	0.6127
August	0.6084	0.5807	0.5907
September	0.6164	0.5976	0.6064
October	0.6328	0.5950	0.6144
November	0.6293	0.6050	0.6180
December	0.6303	0.6205	0.6266