YEARLY HIGH
43.7681 SOS
YEARLY LOW
37.0531 SOS
YEARLY AVERAGE
40.1784 SOS

2019 ZAR to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 43.7681. Conversely, the yearly low was recorded on August 25, dropping to 37.0531.

This high-to-low spread represents a total annual volatility of 6.7150 SOS. From a start-to-finish perspective, comparing the January average rate of 41.9620 to the December average rate of 40.2998, the exchange rate registered a net change of -3.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 43.7681 was down 13.13% compared to the 2018 peak of 50.3814, 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 2,188,404 SOS
2018 Average 2,199,251 SOS
Yearly Trough Low 1,852,655 SOS
Transaction Impact: A difference of 335,749.70 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

42.3771
37.7160
JanuMarcMayJulySeptNove

ZAR to SOS 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 40.9059, compared to 39.4510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4548 points.

H1 Avg (Jan–Jun) 40.9059
H2 Avg (Jul–Dec) 39.4510

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 4.0634 SOS (High: 43.7681 / Low: 39.7046). On the other end, November was the most stable month, with a tight range of 1.0911 SOS (High: 39.5792 / Low: 38.4881).

January Spread (Volatile) ±4.0634
November Spread (Stable) ±1.0911

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 3.1627 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.1627

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 41.9620) against the same month in 2018 (average: 47.5759), the exchange rate shifted by -5.6139 (-11.80%).

2019 Avg (January) 41.9620
2018 Avg (January) 47.5759

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 43.7681 39.7046 41.9620
February 43.6446 40.9835 41.9886
March 40.9304 39.6297 40.3064
April 41.5999 40.0654 40.9776
May 41.1242 39.1077 40.3108
June 41.4238 38.6615 39.8898
July 41.8377 40.3728 41.2672
August 39.6148 37.0531 38.1044
September 39.8037 37.9219 38.9548
October 39.7871 37.6032 38.9264
November 39.5792 38.4881 39.1535
December 41.4119 39.1633 40.2998