YEARLY HIGH
0.6818 SEK
YEARLY LOW
0.6160 SEK
YEARLY AVERAGE
0.6548 SEK

2019 ZAR to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.6818. Conversely, the yearly low was recorded on January 1, dropping to 0.6160.

This high-to-low spread represents a total annual volatility of 0.0658 SEK. From a start-to-finish perspective, comparing the January average rate of 0.6500 to the December average rate of 0.6552, the exchange rate registered a net change of 0.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.6818 was down 3.88% compared to the 2018 peak of 0.7093, 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 34,090 SEK
2018 Average 32,948 SEK
Yearly Trough Low 30,801 SEK
Transaction Impact: A difference of 3,289.14 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6734
0.6319
JanuMarcMayJulySeptNove

ZAR to SEK 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 0.6562, compared to 0.6534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.6562
H2 Avg (Jul–Dec) 0.6534

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0658 SEK (High: 0.6818 / Low: 0.6160). On the other end, April was the most stable month, with a tight range of 0.0133 SEK (High: 0.6660 / Low: 0.6527).

January Spread (Volatile) ±0.0658
April Spread (Stable) ±0.0133

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 July and August, when the average rate fell by 0.0345 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0345

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.6500) against the same month in 2018 (average: 0.6601), the exchange rate shifted by -0.0101 (-1.53%).

2019 Avg (January) 0.6500
2018 Avg (January) 0.6601

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6818 0.6160 0.6500
February 0.6812 0.6557 0.6700
March 0.6579 0.6346 0.6455
April 0.6660 0.6527 0.6600
May 0.6786 0.6447 0.6657
June 0.6616 0.6274 0.6456
July 0.6798 0.6612 0.6699
August 0.6607 0.6244 0.6354
September 0.6618 0.6445 0.6529
October 0.6663 0.6388 0.6556
November 0.6562 0.6363 0.6513
December 0.6686 0.6395 0.6552