2020 CHF to ZAR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 CHF to ZAR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the CHF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 19.7167. Conversely, the yearly low was recorded on January 1, dropping to 14.4757.
This high-to-low spread represents a total annual volatility of 5.2410 ZAR. From a start-to-finish perspective, comparing the January average rate of 14.8550 to the December average rate of 16.7404, the exchange rate registered a net change of 12.69% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 19.7167 was up 24.49% compared to the 2019 peak of 15.8379, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CHF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
CHF to ZAR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 17.2738, compared to 17.8236 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5498 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 2.8881 ZAR (High: 18.8442 / Low: 15.9561). On the other end, October was the most stable month, with a tight range of 0.5225 ZAR (High: 18.2234 / Low: 17.7009).
Growth Streaks & Declines
TrendsBetween 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 0.9504 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2020: 19.1896) against the same month in 2019 (average: 14.0234), the exchange rate shifted by +5.1663 (+36.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.5784 | 14.4757 | 14.8550 |
| February | 16.2441 | 15.1598 | 15.4307 |
| March | 18.8442 | 15.9561 | 17.4388 |
| April | 19.7167 | 18.6415 | 19.1896 |
| May | 19.6556 | 17.9323 | 18.7464 |
| June | 18.3762 | 17.4024 | 17.9821 |
| July | 18.6857 | 17.5651 | 17.9482 |
| August | 19.3642 | 18.3292 | 18.9211 |
| September | 18.5595 | 17.8007 | 18.2676 |
| October | 18.2234 | 17.7009 | 18.0073 |
| November | 17.7460 | 16.6645 | 17.0569 |
| December | 17.0913 | 16.3855 | 16.7404 |