YEARLY HIGH
0.6596 SVC
YEARLY LOW
0.5605 SVC
YEARLY AVERAGE
0.6062 SVC

2019 ZAR to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.6596. Conversely, the yearly low was recorded on August 25, dropping to 0.5605.

This high-to-low spread represents a total annual volatility of 0.0992 SVC. From a start-to-finish perspective, comparing the January average rate of 0.6326 to the December average rate of 0.6081, the exchange rate registered a net change of -3.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.6596 was down 13.05% compared to the 2018 peak of 0.7586, 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 32,982 SVC
2018 Average 33,241 SVC
Yearly Trough Low 28,023 SVC
Transaction Impact: A difference of 4,958.94 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6398
0.5704
JanuMarcMayJulySeptNove

ZAR to SVC 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 0.6169, compared to 0.5956 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0212 points.

H1 Avg (Jan–Jun) 0.6169
H2 Avg (Jul–Dec) 0.5956

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0596 SVC (High: 0.6596 / Low: 0.6000). On the other end, November was the most stable month, with a tight range of 0.0148 SVC (High: 0.5970 / Low: 0.5822).

January Spread (Volatile) ±0.0596
November Spread (Stable) ±0.0148

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 0.0461 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0461

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.6326) against the same month in 2018 (average: 0.7178), the exchange rate shifted by -0.0852 (-11.87%).

2019 Avg (January) 0.6326
2018 Avg (January) 0.7178

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6596 0.6000 0.6326
February 0.6569 0.6194 0.6340
March 0.6176 0.5988 0.6078
April 0.6293 0.6054 0.6187
May 0.6177 0.5915 0.6072
June 0.6220 0.5825 0.6008
July 0.6309 0.6101 0.6223
August 0.5986 0.5605 0.5762
September 0.6001 0.5736 0.5883
October 0.6004 0.5688 0.5876
November 0.5970 0.5822 0.5913
December 0.6244 0.5918 0.6081