YEARLY HIGH
0.2513 PEN
YEARLY LOW
0.2161 PEN
YEARLY AVERAGE
0.2311 PEN

2019 ZAR to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 0.2513. Conversely, the yearly low was recorded on August 25, dropping to 0.2161.

This high-to-low spread represents a total annual volatility of 0.0351 PEN. From a start-to-finish perspective, comparing the January average rate of 0.2417 to the December average rate of 0.2329, the exchange rate registered a net change of -3.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2513 was down 10.72% compared to the 2018 peak of 0.2814, 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 12,564 PEN
2018 Average 12,473 PEN
Yearly Trough Low 10,807 PEN
Transaction Impact: A difference of 1,757.09 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2436
0.2206
JanuMarcMayJulySeptNove

ZAR to PEN 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 0.2342, compared to 0.2281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.2342
H2 Avg (Jul–Dec) 0.2281

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0203 PEN (High: 0.2513 / Low: 0.2310). On the other end, September was the most stable month, with a tight range of 0.0061 PEN (High: 0.2288 / Low: 0.2227).

January Spread (Volatile) ±0.0203
September Spread (Stable) ±0.0061

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 0.0115 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.2417) against the same month in 2018 (average: 0.2639), the exchange rate shifted by -0.0222 (-8.40%).

2019 Avg (January) 0.2417
2018 Avg (January) 0.2639

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2513 0.2310 0.2417
February 0.2496 0.2349 0.2407
March 0.2338 0.2267 0.2297
April 0.2369 0.2295 0.2336
May 0.2340 0.2271 0.2311
June 0.2337 0.2222 0.2284
July 0.2372 0.2297 0.2341
August 0.2276 0.2161 0.2225
September 0.2288 0.2227 0.2257
October 0.2290 0.2209 0.2255
November 0.2321 0.2226 0.2277
December 0.2366 0.2289 0.2329