YEARLY HIGH
0.2745 QAR
YEARLY LOW
0.2355 QAR
YEARLY AVERAGE
0.2523 QAR

2019 ZAR to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.2745. Conversely, the yearly low was recorded on August 19, dropping to 0.2355.

This high-to-low spread represents a total annual volatility of 0.0390 QAR. From a start-to-finish perspective, comparing the January average rate of 0.2633 to the December average rate of 0.2530, the exchange rate registered a net change of -3.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2745 was down 12.99% compared to the 2018 peak of 0.3155, 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 13,725 QAR
2018 Average 13,834 QAR
Yearly Trough Low 11,774 QAR
Transaction Impact: A difference of 1,950.53 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2662
0.2375
JanuMarcMayJulySeptNove

ZAR to QAR 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 0.2567, compared to 0.2479 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0088 points.

H1 Avg (Jan–Jun) 0.2567
H2 Avg (Jul–Dec) 0.2479

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0249 QAR (High: 0.2745 / Low: 0.2496). On the other end, November was the most stable month, with a tight range of 0.0062 QAR (High: 0.2485 / Low: 0.2423).

January Spread (Volatile) ±0.0249
November Spread (Stable) ±0.0062

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 0.0190 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0190

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.2633) against the same month in 2018 (average: 0.2987), the exchange rate shifted by -0.0354 (-11.85%).

2019 Avg (January) 0.2633
2018 Avg (January) 0.2987

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2745 0.2496 0.2633
February 0.2733 0.2577 0.2638
March 0.2570 0.2492 0.2530
April 0.2619 0.2519 0.2574
May 0.2571 0.2462 0.2527
June 0.2586 0.2424 0.2500
July 0.2626 0.2538 0.2589
August 0.2490 0.2355 0.2399
September 0.2498 0.2388 0.2449
October 0.2499 0.2367 0.2445
November 0.2485 0.2423 0.2461
December 0.2599 0.2462 0.2530