2020 BND to ZAR Historical Review

YEARLY HIGH

13.5104 ZAR

YEARLY LOW

10.3604 ZAR

YEARLY AVERAGE

11.9279 ZAR

2020 BND to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BND to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 13.5104. Conversely, the yearly low was recorded on January 1, dropping to 10.3604.

This high-to-low spread represents a total annual volatility of 3.1501 ZAR. From a start-to-finish perspective, comparing the January average rate of 10.6643 to the December average rate of 11.1605, the exchange rate registered a net change of 4.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 13.5104 was up 18.03% compared to the 2019 peak of 11.4468, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 67,552 ZAR

2019 Average 52,697 ZAR

Yearly Trough Low 51,802 ZAR

Transaction Impact: A difference of 15,750.34 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

13.3179

10.4230

JanuMarcMayJulySeptNove

BND 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 11.9120, compared to 11.9439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0319 points.

H1 Avg (Jan–Jun) 11.9120

H2 Avg (Jul–Dec) 11.9439

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.6023 ZAR (High: 12.6293 / Low: 11.0270). On the other end, October was the most stable month, with a tight range of 0.3823 ZAR (High: 12.2934 / Low: 11.9111).

March Spread (Volatile) ±1.6023

October Spread (Stable) ±0.3823

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 October and November, when the average rate fell by 0.5729 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5729

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 12.8173) against the same month in 2019 (average: 10.6638), the exchange rate shifted by +2.1535 (+20.19%).

2020 Avg (May) 12.8173

2019 Avg (May) 10.6638

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.9908	10.3604	10.6643
February	11.2306	10.6737	10.8371
March	12.6293	11.0270	11.7873
April	13.4272	12.6779	13.0766
May	13.5104	12.2620	12.8173
June	12.5443	11.9316	12.2893
July	12.4390	11.8163	12.0756
August	12.8751	12.1410	12.5735
September	12.5597	11.8839	12.2455
October	12.2934	11.9111	12.0906
November	11.9316	11.2671	11.5177
December	11.4212	10.9299	11.1605