2019 ZAR to TWD Historical Review

YEARLY HIGH

2.3144 TWD

YEARLY LOW

2.0123 TWD

YEARLY AVERAGE

2.1400 TWD

2019 ZAR to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 2.3144. Conversely, the yearly low was recorded on October 8, dropping to 2.0123.

This high-to-low spread represents a total annual volatility of 0.3021 TWD. From a start-to-finish perspective, comparing the January average rate of 2.2271 to the December average rate of 2.1019, the exchange rate registered a net change of -5.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.3144 was down 8.67% compared to the 2018 peak of 2.5341, 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 115,721 TWD

2018 Average 114,292 TWD

Yearly Trough Low 100,615 TWD

Transaction Impact: A difference of 15,105.92 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.2492

2.0408

JanuMarcMayJulySeptNove

ZAR to TWD 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 2.1827, compared to 2.0973 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0854 points.

H1 Avg (Jan–Jun) 2.1827

H2 Avg (Jul–Dec) 2.0973

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.2051 TWD (High: 2.3144 / Low: 2.1093). On the other end, November was the most stable month, with a tight range of 0.0576 TWD (High: 2.0835 / Low: 2.0260).

January Spread (Volatile) ±0.2051

November Spread (Stable) ±0.0576

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1417 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1417

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 2.2271) against the same month in 2018 (average: 2.4142), the exchange rate shifted by -0.1871 (-7.75%).

2019 Avg (January) 2.2271

2018 Avg (January) 2.4142

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3144	2.1093	2.2271
February	2.3100	2.1824	2.2318
March	2.1767	2.1135	2.1447
April	2.2176	2.1398	2.1813
May	2.1885	2.1269	2.1669
June	2.1988	2.0826	2.1442
July	2.2397	2.1725	2.2088
August	2.1423	2.0277	2.0671
September	2.1272	2.0499	2.0891
October	2.0961	2.0123	2.0585
November	2.0835	2.0260	2.0582
December	2.1453	2.0601	2.1019