YEARLY HIGH
1.5843 ZAR
YEARLY LOW
1.3171 ZAR
YEARLY AVERAGE
1.4367 ZAR

2020 BWP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BWP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 1.5843. Conversely, the yearly low was recorded on January 1, dropping to 1.3171.

This high-to-low spread represents a total annual volatility of 0.2672 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.3433 to the December average rate of 1.3650, the exchange rate registered a net change of 1.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.5843 was up 12.13% compared to the 2019 peak of 1.4129, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,922 ZAR
2019 Average 6,715 ZAR
Yearly Trough Low 6,586 ZAR
Transaction Impact: A difference of 1,336.14 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.5495
1.3245
JanuMarcMayJulySeptNove

BWP 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 1.4448, compared to 1.4285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0163 points.

H1 Avg (Jan–Jun) 1.4448
H2 Avg (Jul–Dec) 1.4285

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1862 ZAR (High: 1.5656 / Low: 1.3794). On the other end, October was the most stable month, with a tight range of 0.0333 ZAR (High: 1.4565 / Low: 1.4232).

March Spread (Volatile) ±0.1862
October Spread (Stable) ±0.0333

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 0.0436 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0436

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 1.5061) against the same month in 2019 (average: 1.3402), the exchange rate shifted by +0.1658 (+12.37%).

2020 Avg (May) 1.5061
2019 Avg (May) 1.3402

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3748 1.3171 1.3433
February 1.4150 1.3520 1.3693
March 1.5656 1.3794 1.4568
April 1.5713 1.4857 1.5307
May 1.5843 1.4481 1.5061
June 1.4894 1.4349 1.4627
July 1.4792 1.4199 1.4475
August 1.5024 1.4450 1.4795
September 1.4786 1.4178 1.4532
October 1.4565 1.4232 1.4348
November 1.4277 1.3696 1.3912
December 1.3866 1.3424 1.3650