YEARLY HIGH
38.8243 SYP
YEARLY LOW
33.2690 SYP
YEARLY AVERAGE
35.6903 SYP

2019 ZAR to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 38.8243. Conversely, the yearly low was recorded on August 19, dropping to 33.2690.

This high-to-low spread represents a total annual volatility of 5.5553 SYP. From a start-to-finish perspective, comparing the January average rate of 37.2389 to the December average rate of 35.7941, 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 38.8243 was down 12.97% compared to the 2018 peak of 44.6084, 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 1,941,217 SYP
2018 Average 1,956,681 SYP
Yearly Trough Low 1,663,451 SYP
Transaction Impact: A difference of 277,765.51 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

37.6466
33.6131
JanuMarcMayJulySeptNove

ZAR to SYP 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 36.3082, compared to 35.0723 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2359 points.

H1 Avg (Jan–Jun) 36.3082
H2 Avg (Jul–Dec) 35.0723

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 3.5260 SYP (High: 38.8243 / Low: 35.2983). On the other end, November was the most stable month, with a tight range of 0.8824 SYP (High: 35.1445 / Low: 34.2621).

January Spread (Volatile) ±3.5260
November Spread (Stable) ±0.8824

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 2.7290 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.7290

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 37.2389) against the same month in 2018 (average: 42.2612), the exchange rate shifted by -5.0223 (-11.88%).

2019 Avg (January) 37.2389
2018 Avg (January) 42.2612

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 38.8243 35.2983 37.2389
February 38.6520 36.4480 37.3105
March 36.3420 35.2454 35.7838
April 37.0302 35.6308 36.4148
May 36.3583 34.8203 35.7422
June 36.5074 34.2894 35.3592
July 37.1369 36.0393 36.6783
August 35.3440 33.2690 33.9493
September 35.3345 33.7646 34.6416
October 35.3441 33.5261 34.5639
November 35.1445 34.2621 34.8066
December 36.7503 34.8244 35.7941