2019 ZAR to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 ZAR to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the ZAR to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 8.6087. Conversely, the yearly low was recorded on August 25, dropping to 7.3364.
This high-to-low spread represents a total annual volatility of 1.2723 NPR. From a start-to-finish perspective, comparing the January average rate of 8.1711 to the December average rate of 7.9151, the exchange rate registered a net change of -3.13% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 8.6087 was down 4.16% compared to the 2018 peak of 8.9826, 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 NPR 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 7.8968, compared to 7.7041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1927 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was January, with a trading range of 0.9101 NPR (High: 8.6087 / Low: 7.6986). On the other end, April was the most stable month, with a tight range of 0.2358 NPR (High: 7.9680 / Low: 7.7322).
Growth Streaks & Declines
TrendsBetween 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 February and March, when the average rate fell by 0.5173 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 8.1711) against the same month in 2018 (average: 8.3533), the exchange rate shifted by -0.1822 (-2.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.6087 | 7.6986 | 8.1711 |
| February | 8.5580 | 8.0145 | 8.2431 |
| March | 7.9878 | 7.5436 | 7.7257 |
| April | 7.9680 | 7.7322 | 7.8629 |
| May | 7.9161 | 7.5577 | 7.7468 |
| June | 7.8586 | 7.3817 | 7.6311 |
| July | 7.9494 | 7.6746 | 7.8181 |
| August | 7.5747 | 7.3364 | 7.4721 |
| September | 7.8485 | 7.4594 | 7.6640 |
| October | 7.7851 | 7.3852 | 7.6311 |
| November | 7.8308 | 7.5339 | 7.7241 |
| December | 8.1624 | 7.6754 | 7.9151 |