YEARLY HIGH
0.0337 ZAR
YEARLY LOW
0.0240 ZAR
YEARLY AVERAGE
0.0282 ZAR

2020 CRC to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CRC to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 0.0337. Conversely, the yearly low was recorded on December 26, dropping to 0.0240.

This high-to-low spread represents a total annual volatility of 0.0097 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0254 to the December average rate of 0.0246, the exchange rate registered a net change of -3.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0337 was up 22.16% compared to the 2019 peak of 0.0276, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 168 ZAR
2019 Average 123 ZAR
Yearly Trough Low 120 ZAR
Transaction Impact: A difference of 48.63 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0335
0.0238
JanuMarcMayJulySeptNove

CRC 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 0.0292, compared to 0.0272 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0292
H2 Avg (Jul–Dec) 0.0272

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0050 ZAR (High: 0.0317 / Low: 0.0267). On the other end, October was the most stable month, with a tight range of 0.0010 ZAR (High: 0.0278 / Low: 0.0268).

March Spread (Volatile) ±0.0050
October Spread (Stable) ±0.0010

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 0.0022 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.0327) against the same month in 2019 (average: 0.0236), the exchange rate shifted by +0.0091 (+38.51%).

2020 Avg (April) 0.0327
2019 Avg (April) 0.0236

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0266 0.0244 0.0254
February 0.0275 0.0259 0.0264
March 0.0317 0.0267 0.0293
April 0.0337 0.0315 0.0327
May 0.0335 0.0305 0.0319
June 0.0305 0.0285 0.0297
July 0.0295 0.0282 0.0288
August 0.0300 0.0278 0.0291
September 0.0286 0.0271 0.0280
October 0.0278 0.0268 0.0272
November 0.0268 0.0250 0.0255
December 0.0253 0.0240 0.0246