2019 ZAR to SGD Historical Review

YEARLY HIGH

0.1015 SGD

YEARLY LOW

0.0897 SGD

YEARLY AVERAGE

0.0945 SGD

2019 ZAR to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.1015. Conversely, the yearly low was recorded on August 19, dropping to 0.0897.

This high-to-low spread represents a total annual volatility of 0.0118 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0981 to the December average rate of 0.0943, the exchange rate registered a net change of -3.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1015 was down 11.24% compared to the 2018 peak of 0.1143, 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 5,074 SGD

2018 Average 5,119 SGD

Yearly Trough Low 4,486 SGD

Transaction Impact: A difference of 587.54 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0988

0.0906

JanuMarcMayJulySeptNove

ZAR to SGD 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 0.0958, compared to 0.0932 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0958

H2 Avg (Jul–Dec) 0.0932

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0077 SGD (High: 0.1015 / Low: 0.0937). On the other end, July was the most stable month, with a tight range of 0.0025 SGD (High: 0.0983 / Low: 0.0957).

January Spread (Volatile) ±0.0077

July Spread (Stable) ±0.0025

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 0.0056 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0981) against the same month in 2018 (average: 0.1084), the exchange rate shifted by -0.0104 (-9.57%).

2019 Avg (January) 0.0981

2018 Avg (January) 0.1084

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1015	0.0937	0.0981
February	0.1014	0.0960	0.0981
March	0.0957	0.0928	0.0941
April	0.0972	0.0943	0.0959
May	0.0962	0.0933	0.0951
June	0.0960	0.0909	0.0935
July	0.0983	0.0957	0.0968
August	0.0942	0.0897	0.0913
September	0.0942	0.0912	0.0928
October	0.0935	0.0901	0.0920
November	0.0933	0.0903	0.0920
December	0.0964	0.0918	0.0943