YEARLY HIGH
0.7134 TJS
YEARLY LOW
0.6099 TJS
YEARLY AVERAGE
0.6599 TJS

2019 ZAR to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.7134. Conversely, the yearly low was recorded on August 19, dropping to 0.6099.

This high-to-low spread represents a total annual volatility of 0.1035 TJS. From a start-to-finish perspective, comparing the January average rate of 0.6819 to the December average rate of 0.6732, the exchange rate registered a net change of -1.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.7134 was down 6.74% compared to the 2018 peak of 0.7650, 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 35,672 TJS
2018 Average 34,686 TJS
Yearly Trough Low 30,497 TJS
Transaction Impact: A difference of 5,175.15 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6892
0.6218
JanuMarcMayJulySeptNove

ZAR to TJS 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 0.6651, compared to 0.6548 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0103 points.

H1 Avg (Jan–Jun) 0.6651
H2 Avg (Jul–Dec) 0.6548

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0675 TJS (High: 0.7134 / Low: 0.6460). On the other end, November was the most stable month, with a tight range of 0.0164 TJS (High: 0.6611 / Low: 0.6447).

January Spread (Volatile) ±0.0675
November Spread (Stable) ±0.0164

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 0.0435 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0435

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.6819) against the same month in 2018 (average: 0.7237), the exchange rate shifted by -0.0417 (-5.76%).

2019 Avg (January) 0.6819
2018 Avg (January) 0.7237

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7134 0.6460 0.6819
February 0.7080 0.6681 0.6835
March 0.6656 0.6454 0.6554
April 0.6784 0.6524 0.6671
May 0.6659 0.6377 0.6547
June 0.6706 0.6285 0.6477
July 0.6800 0.6578 0.6709
August 0.6452 0.6099 0.6274
September 0.6644 0.6355 0.6514
October 0.6652 0.6299 0.6508
November 0.6611 0.6447 0.6549
December 0.6913 0.6549 0.6732