2019 ZAR to VEF Historical Review

YEARLY HIGH

18732.3870 VEF

YEARLY LOW

16071.6648 VEF

YEARLY AVERAGE

17218.4856 VEF

2019 ZAR to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 18732.3870. Conversely, the yearly low was recorded on August 19, dropping to 16071.6648.

This high-to-low spread represents a total annual volatility of 2660.7221 VEF. From a start-to-finish perspective, comparing the January average rate of 17967.9230 to the December average rate of 17270.7272, 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 18732.3870 was up 3.04% compared to the 2018 peak of 18179.9696, 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 936,619,349 VEF

2018 Average 456,546,482 VEF

Yearly Trough Low 803,583,242 VEF

Transaction Impact: A difference of 133,036,107.45 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

18165.9557

16209.9878

JanuMarcMayJulySeptNove

ZAR to VEF 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 17519.0494, compared to 16917.9217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 601.1277 points.

H1 Avg (Jan–Jun) 17519.0494

H2 Avg (Jul–Dec) 16917.9217

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 1700.7108 VEF (High: 18732.3870 / Low: 17031.6762). On the other end, November was the most stable month, with a tight range of 424.1414 VEF (High: 16957.5567 / Low: 16533.4153).

January Spread (Volatile) ±1700.7108

November Spread (Stable) ±424.1414

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 1295.4017 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1295.4017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 17967.9230) against the same month in 2018 (average: 0.8291), the exchange rate shifted by +17967.0938 (+2166933.94%).

2019 Avg (January) 17967.9230

2018 Avg (January) 0.8291

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18732.3870	17031.6762	17967.9230
February	18650.2998	17586.2635	18002.9584
March	17535.6830	17005.4868	17266.4271
April	17867.3275	17192.0768	17569.2142
May	17543.1111	16800.2534	17245.0367
June	17647.2335	16544.8805	17062.7373
July	17916.6611	17323.1956	17668.3869
August	16996.5641	16071.6648	16372.9851
September	17045.6167	16294.8679	16710.9317
October	17054.0432	16200.8865	16690.3539
November	16957.5567	16533.4153	16794.1454
December	17735.3091	16802.3073	17270.7272