2019 ZAR to THB Historical Review

YEARLY HIGH

2.3550 THB

YEARLY LOW

1.9812 THB

YEARLY AVERAGE

2.1513 THB

2019 ZAR to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 2.3550. Conversely, the yearly low was recorded on August 24, dropping to 1.9812.

This high-to-low spread represents a total annual volatility of 0.3738 THB. From a start-to-finish perspective, comparing the January average rate of 2.2993 to the December average rate of 2.0994, the exchange rate registered a net change of -8.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.3550 was down 13.63% compared to the 2018 peak of 2.7267, 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 117,752 THB

2018 Average 122,585 THB

Yearly Trough Low 99,062 THB

Transaction Impact: A difference of 18,689.95 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.3269

1.9960

JanuMarcMayJulySeptNove

ZAR to THB 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 2.2273, compared to 2.0753 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1520 points.

H1 Avg (Jan–Jun) 2.2273

H2 Avg (Jul–Dec) 2.0753

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.1417 THB (High: 2.3550 / Low: 2.2133). On the other end, November was the most stable month, with a tight range of 0.0621 THB (High: 2.0651 / Low: 2.0030).

January Spread (Volatile) ±0.1417

November Spread (Stable) ±0.0621

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 0.1682 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1682

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 2.2993) against the same month in 2018 (average: 2.6157), the exchange rate shifted by -0.3164 (-12.10%).

2019 Avg (January) 2.2993

2018 Avg (January) 2.6157

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3550	2.2133	2.2993
February	2.3492	2.2119	2.2684
March	2.2424	2.1797	2.2043
April	2.2830	2.2186	2.2518
May	2.2277	2.1511	2.2061
June	2.1759	2.0860	2.1336
July	2.2257	2.1552	2.1918
August	2.1157	1.9812	2.0236
September	2.0884	2.0093	2.0539
October	2.0758	1.9905	2.0387
November	2.0651	2.0030	2.0442
December	2.1500	2.0495	2.0994