YEARLY HIGH
1.0306 SCR
YEARLY LOW
0.8118 SCR
YEARLY AVERAGE
0.9478 SCR

2019 ZAR to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 1.0306. Conversely, the yearly low was recorded on August 11, dropping to 0.8118.

This high-to-low spread represents a total annual volatility of 0.2189 SCR. From a start-to-finish perspective, comparing the January average rate of 0.9870 to the December average rate of 0.9522, the exchange rate registered a net change of -3.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.0306 was down 13.45% compared to the 2018 peak of 1.1908, 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 51,531 SCR
2018 Average 51,739 SCR
Yearly Trough Low 40,588 SCR
Transaction Impact: A difference of 10,943.19 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.0005
0.8858
JanuMarcMayJulySeptNove

ZAR to SCR 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 0.9643, compared to 0.9312 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0331 points.

H1 Avg (Jan–Jun) 0.9643
H2 Avg (Jul–Dec) 0.9312

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.1344 SCR (High: 0.9462 / Low: 0.8118). On the other end, March was the most stable month, with a tight range of 0.0379 SCR (High: 0.9727 / Low: 0.9348).

August Spread (Volatile) ±0.1344
March Spread (Stable) ±0.0379

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 0.0770 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0770

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.9870) against the same month in 2018 (average: 1.1415), the exchange rate shifted by -0.1545 (-13.53%).

2019 Avg (January) 0.9870
2018 Avg (January) 1.1415

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0306 0.9352 0.9870
February 1.0283 0.9684 0.9910
March 0.9727 0.9348 0.9515
April 0.9846 0.9465 0.9686
May 0.9657 0.9248 0.9491
June 0.9700 0.9107 0.9387
July 1.0031 0.9540 0.9723
August 0.9462 0.8118 0.8953
September 0.9428 0.8972 0.9211
October 0.9430 0.8930 0.9210
November 0.9438 0.8764 0.9253
December 0.9778 0.9263 0.9522