YEARLY HIGH
0.1091 NZD
YEARLY LOW
0.1003 NZD
YEARLY AVERAGE
0.1051 NZD

2019 ZAR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.1091. Conversely, the yearly low was recorded on March 23, dropping to 0.1003.

This high-to-low spread represents a total annual volatility of 0.0088 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1066 to the December average rate of 0.1053, the exchange rate registered a net change of -1.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1091 was down 8.16% compared to the 2018 peak of 0.1188, 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 5,455 NZD
2018 Average 5,481 NZD
Yearly Trough Low 5,013 NZD
Transaction Impact: A difference of 441.64 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1071
0.1012
JanuMarcMayJulySeptNove

ZAR to NZD 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 0.1049, compared to 0.1053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.1049
H2 Avg (Jul–Dec) 0.1053

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0062 NZD (High: 0.1065 / Low: 0.1003). On the other end, July was the most stable month, with a tight range of 0.0022 NZD (High: 0.1076 / Low: 0.1054).

June Spread (Volatile) ±0.0062
July Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between March and May, 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 0.0043 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.1060) against the same month in 2018 (average: 0.1159), the exchange rate shifted by -0.0098 (-8.49%).

2019 Avg (February) 0.1060
2018 Avg (February) 0.1159

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1090 0.1034 0.1066
February 0.1091 0.1034 0.1060
March 0.1038 0.1003 0.1017
April 0.1064 0.1038 0.1053
May 0.1072 0.1039 0.1057
June 0.1065 0.1003 0.1040
July 0.1076 0.1054 0.1065
August 0.1044 0.1007 0.1024
September 0.1077 0.1040 0.1061
October 0.1080 0.1032 0.1059
November 0.1065 0.1035 0.1057
December 0.1064 0.1033 0.1053