YEARLY HIGH
0.2969 ZAR
YEARLY LOW
0.1739 ZAR
YEARLY AVERAGE
0.2358 ZAR

2020 ARS to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ARS to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.2969. Conversely, the yearly low was recorded on December 30, dropping to 0.1739.

This high-to-low spread represents a total annual volatility of 0.1230 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.2404 to the December average rate of 0.1802, the exchange rate registered a net change of -25.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2969 was down 23.12% compared to the 2019 peak of 0.3862, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,485 ZAR
2019 Average 1,538 ZAR
Yearly Trough Low 869 ZAR
Transaction Impact: A difference of 615.18 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2946
0.1698
JanuMarcMayJulySeptNove

ARS 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 0.2584, compared to 0.2132 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0451 points.

H1 Avg (Jan–Jun) 0.2584
H2 Avg (Jul–Dec) 0.2132

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0343 ZAR (High: 0.2791 / Low: 0.2448). On the other end, February was the most stable month, with a tight range of 0.0098 ZAR (High: 0.2522 / Low: 0.2425).

March Spread (Volatile) ±0.0343
February Spread (Stable) ±0.0098

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 0.0227 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.2842) against the same month in 2019 (average: 0.3285), the exchange rate shifted by -0.0443 (-13.50%).

2020 Avg (April) 0.2842
2019 Avg (April) 0.3285

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2490 0.2338 0.2404
February 0.2522 0.2425 0.2457
March 0.2791 0.2448 0.2645
April 0.2969 0.2722 0.2842
May 0.2854 0.2542 0.2690
June 0.2535 0.2386 0.2463
July 0.2422 0.2278 0.2350
August 0.2427 0.2242 0.2352
September 0.2276 0.2147 0.2225
October 0.2171 0.2069 0.2120
November 0.2077 0.1873 0.1944
December 0.1876 0.1739 0.1802