2020 AFN to ZAR Historical Review

YEARLY HIGH

0.2531 ZAR

YEARLY LOW

0.1794 ZAR

YEARLY AVERAGE

0.2143 ZAR

2020 AFN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AFN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.2531. Conversely, the yearly low was recorded on January 1, dropping to 0.1794.

This high-to-low spread represents a total annual volatility of 0.0737 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1866 to the December average rate of 0.1930, the exchange rate registered a net change of 3.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2531 was up 27.38% compared to the 2019 peak of 0.1987, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AFN based on timing:

Yearly Peak High 1,265 ZAR

2019 Average 928 ZAR

Yearly Trough Low 897 ZAR

Transaction Impact: A difference of 368.62 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2503

0.1808

JanuMarcMayJulySeptNove

AFN to ZAR 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 0.2175, compared to 0.2112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.2175

H2 Avg (Jul–Dec) 0.2112

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0335 ZAR (High: 0.2343 / Low: 0.2007). On the other end, October was the most stable month, with a tight range of 0.0069 ZAR (High: 0.2176 / Low: 0.2107).

March Spread (Volatile) ±0.0335

October Spread (Stable) ±0.0069

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0159 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0159

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.2445) against the same month in 2019 (average: 0.1831), the exchange rate shifted by +0.0615 (+33.58%).

2020 Avg (April) 0.2445

2019 Avg (April) 0.1831

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1964	0.1794	0.1866
February	0.2066	0.1911	0.1957
March	0.2343	0.2007	0.2191
April	0.2531	0.2364	0.2445
May	0.2483	0.2267	0.2375
June	0.2267	0.2141	0.2216
July	0.2227	0.2128	0.2176
August	0.2302	0.2152	0.2234
September	0.2233	0.2105	0.2177
October	0.2176	0.2107	0.2139
November	0.2118	0.1968	0.2017
December	0.1987	0.1886	0.1930