2020 GMD to ZAR Historical Review

YEARLY HIGH

0.3782 ZAR

YEARLY LOW

0.2734 ZAR

YEARLY AVERAGE

0.3199 ZAR

2020 GMD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GMD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.3782. Conversely, the yearly low was recorded on January 1, dropping to 0.2734.

This high-to-low spread represents a total annual volatility of 0.1049 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.2815 to the December average rate of 0.2873, the exchange rate registered a net change of 2.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3782 was up 22.57% compared to the 2019 peak of 0.3086, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,891 ZAR

2019 Average 1,442 ZAR

Yearly Trough Low 1,367 ZAR

Transaction Impact: A difference of 524.30 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3736

0.2731

JanuMarcMayJulySeptNove

GMD 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 0.3259, compared to 0.3140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 0.3259

H2 Avg (Jul–Dec) 0.3140

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0523 ZAR (High: 0.3519 / Low: 0.2996). On the other end, October was the most stable month, with a tight range of 0.0102 ZAR (High: 0.3231 / Low: 0.3129).

March Spread (Volatile) ±0.0523

October Spread (Stable) ±0.0102

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 0.0218 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0218

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.3652) against the same month in 2019 (average: 0.2853), the exchange rate shifted by +0.0799 (+28.02%).

2020 Avg (April) 0.3652

2019 Avg (April) 0.2853

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2937	0.2734	0.2815
February	0.3070	0.2888	0.2950
March	0.3519	0.2996	0.3279
April	0.3782	0.3535	0.3652
May	0.3702	0.3373	0.3537
June	0.3376	0.3209	0.3318
July	0.3321	0.3166	0.3240
August	0.3415	0.3199	0.3323
September	0.3317	0.3124	0.3230
October	0.3231	0.3129	0.3176
November	0.3145	0.2923	0.2998
December	0.2953	0.2808	0.2873