2020 FKP to ZAR Historical Review

YEARLY HIGH

23.6049 ZAR

YEARLY LOW

18.5283 ZAR

YEARLY AVERAGE

21.1023 ZAR

2020 FKP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the FKP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 23.6049. Conversely, the yearly low was recorded on January 2, dropping to 18.5283.

This high-to-low spread represents a total annual volatility of 5.0766 ZAR. From a start-to-finish perspective, comparing the January average rate of 18.8373 to the December average rate of 19.9970, the exchange rate registered a net change of 6.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 23.6049 was up 20.76% compared to the 2019 peak of 19.5478, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 118,024 ZAR

2019 Average 92,235 ZAR

Yearly Trough Low 92,641 ZAR

Transaction Impact: A difference of 25,383.02 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

23.5442

18.4093

JanuMarcMayJulySeptNove

FKP 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 20.9785, compared to 21.2261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2477 points.

H1 Avg (Jan–Jun) 20.9785

H2 Avg (Jul–Dec) 21.2261

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.6539 ZAR (High: 22.3032 / Low: 19.6493). On the other end, October was the most stable month, with a tight range of 0.5323 ZAR (High: 21.5667 / Low: 21.0344).

March Spread (Volatile) ±2.6539

October Spread (Stable) ±0.5323

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 August and September, when the average rate fell by 0.9687 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9687

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 23.1163) against the same month in 2019 (average: 18.4191), the exchange rate shifted by +4.6972 (+25.50%).

2020 Avg (April) 23.1163

2019 Avg (April) 18.4191

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.8160	18.5283	18.8373
February	20.0906	19.1813	19.5221
March	22.3032	19.6493	20.6339
April	23.6049	22.4630	23.1163
May	23.5646	21.2882	22.3360
June	21.7103	21.0059	21.4252
July	22.3350	20.8816	21.2386
August	23.1351	22.1265	22.6236
September	22.4508	20.9784	21.6550
October	21.5667	21.0344	21.3306
November	21.0397	20.2490	20.5120
December	20.4654	19.6508	19.9970