2019 ZAR to SZL Historical Review

YEARLY HIGH

1.0269 SZL

YEARLY LOW

0.9627 SZL

YEARLY AVERAGE

0.9997 SZL

2019 ZAR to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 11, valuing the pair at 1.0269. Conversely, the yearly low was recorded on October 31, dropping to 0.9627.

This high-to-low spread represents a total annual volatility of 0.0642 SZL. From a start-to-finish perspective, comparing the January average rate of 1.0036 to the December average rate of 1.0018, the exchange rate registered a net change of -0.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.0269 was down 4.73% compared to the 2018 peak of 1.0778, 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 51,343 SZL

2018 Average 49,980 SZL

Yearly Trough Low 48,133 SZL

Transaction Impact: A difference of 3,209.85 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.0045

0.9938

JanuMarcMayJulySeptNove

ZAR to SZL 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 1.0004, compared to 0.9991 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 1.0004

H2 Avg (Jul–Dec) 0.9991

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.0642 SZL (High: 1.0269 / Low: 0.9627). On the other end, April was the most stable month, with a tight range of 0.0123 SZL (High: 1.0047 / Low: 0.9924).

October Spread (Volatile) ±0.0642

April Spread (Stable) ±0.0123

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0051 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 1.0010) against the same month in 2018 (average: 0.9986), the exchange rate shifted by +0.0024 (+0.24%).

2019 Avg (October) 1.0010

2018 Avg (October) 0.9986

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0262	0.9929	1.0036
February	1.0104	0.9837	0.9985
March	1.0144	0.9832	0.9979
April	1.0047	0.9924	0.9996
May	1.0138	0.9895	1.0004
June	1.0220	0.9902	1.0021
July	1.0139	0.9857	0.9984
August	1.0105	0.9720	0.9947
September	1.0223	0.9872	0.9980
October	1.0269	0.9627	1.0010
November	1.0176	0.9923	1.0007
December	1.0139	0.9934	1.0018