YEARLY HIGH
0.0754 USD
YEARLY LOW
0.0647 USD
YEARLY AVERAGE
0.0693 USD

2019 ZAR to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.0754. Conversely, the yearly low was recorded on August 19, dropping to 0.0647.

This high-to-low spread represents a total annual volatility of 0.0107 USD. From a start-to-finish perspective, comparing the January average rate of 0.0723 to the December average rate of 0.0695, the exchange rate registered a net change of -3.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0754 was down 12.97% compared to the 2018 peak of 0.0866, 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 3,769 USD
2018 Average 3,799 USD
Yearly Trough Low 3,234 USD
Transaction Impact: A difference of 535.38 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0731
0.0652
JanuMarcMayJulySeptNove

ZAR to USD 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 0.0705, compared to 0.0681 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0705
H2 Avg (Jul–Dec) 0.0681

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0068 USD (High: 0.0754 / Low: 0.0685). On the other end, November was the most stable month, with a tight range of 0.0017 USD (High: 0.0682 / Low: 0.0665).

January Spread (Volatile) ±0.0068
November Spread (Stable) ±0.0017

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 0.0052 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0723) against the same month in 2018 (average: 0.0821), the exchange rate shifted by -0.0097 (-11.88%).

2019 Avg (January) 0.0723
2018 Avg (January) 0.0821

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0754 0.0685 0.0723
February 0.0751 0.0708 0.0725
March 0.0706 0.0684 0.0695
April 0.0719 0.0692 0.0707
May 0.0706 0.0676 0.0694
June 0.0710 0.0666 0.0687
July 0.0721 0.0697 0.0711
August 0.0684 0.0647 0.0659
September 0.0686 0.0656 0.0673
October 0.0686 0.0652 0.0672
November 0.0682 0.0665 0.0676
December 0.0714 0.0676 0.0695