YEARLY HIGH
0.4295 TRY
YEARLY LOW
0.3595 TRY
YEARLY AVERAGE
0.3934 TRY

2019 ZAR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 0.4295. Conversely, the yearly low was recorded on August 11, dropping to 0.3595.

This high-to-low spread represents a total annual volatility of 0.0700 TRY. From a start-to-finish perspective, comparing the January average rate of 0.3875 to the December average rate of 0.4072, the exchange rate registered a net change of 5.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4295 was down 10.91% compared to the 2018 peak of 0.4821, 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 21,474 TRY
2018 Average 18,159 TRY
Yearly Trough Low 17,976 TRY
Transaction Impact: A difference of 3,498.89 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4238
0.3675
JanuMarcMayJulySeptNove

ZAR to TRY 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 0.3962, compared to 0.3906 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.3962
H2 Avg (Jul–Dec) 0.3906

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0323 TRY (High: 0.4246 / Low: 0.3923). On the other end, November was the most stable month, with a tight range of 0.0121 TRY (High: 0.3922 / Low: 0.3801).

December Spread (Volatile) ±0.0323
November Spread (Stable) ±0.0121

Growth Streaks & Declines

Trends

Between March and May, 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 0.0311 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0311

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.4191) against the same month in 2018 (average: 0.3534), the exchange rate shifted by +0.0657 (+18.58%).

2019 Avg (May) 0.4191
2018 Avg (May) 0.3534

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3963 0.3675 0.3875
February 0.3913 0.3735 0.3821
March 0.3977 0.3693 0.3810
April 0.4170 0.3887 0.4083
May 0.4295 0.3998 0.4191
June 0.4112 0.3853 0.3993
July 0.4115 0.3890 0.4032
August 0.3840 0.3595 0.3722
September 0.3930 0.3730 0.3840
October 0.4002 0.3730 0.3891
November 0.3922 0.3801 0.3880
December 0.4246 0.3923 0.4072