2020 CDF to ZAR Historical Review

YEARLY HIGH

0.0113 ZAR

YEARLY LOW

0.0074 ZAR

YEARLY AVERAGE

0.0089 ZAR

2020 CDF to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CDF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.0113. Conversely, the yearly low was recorded on December 19, dropping to 0.0074.

This high-to-low spread represents a total annual volatility of 0.0039 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0085 to the December average rate of 0.0076, the exchange rate registered a net change of -10.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0113 was up 19.37% compared to the 2019 peak of 0.0094, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56 ZAR

2019 Average 44 ZAR

Yearly Trough Low 37 ZAR

Transaction Impact: A difference of 19.45 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0112

0.0073

JanuMarcMayJulySeptNove

CDF 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 0.0096, compared to 0.0083 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0096

H2 Avg (Jul–Dec) 0.0083

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0029 ZAR (High: 0.0102 / Low: 0.0074). On the other end, February was the most stable month, with a tight range of 0.0005 ZAR (High: 0.0092 / Low: 0.0087).

December Spread (Volatile) ±0.0029

February Spread (Stable) ±0.0005

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 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.0108) against the same month in 2019 (average: 0.0086), the exchange rate shifted by +0.0022 (+25.59%).

2020 Avg (April) 0.0108

2019 Avg (April) 0.0086

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0089	0.0083	0.0085
February	0.0092	0.0087	0.0089
March	0.0105	0.0090	0.0098
April	0.0113	0.0105	0.0108
May	0.0109	0.0095	0.0102
June	0.0095	0.0089	0.0091
July	0.0089	0.0083	0.0086
August	0.0090	0.0085	0.0088
September	0.0087	0.0082	0.0085
October	0.0091	0.0083	0.0084
November	0.0083	0.0077	0.0079
December	0.0102	0.0074	0.0076