2020 HRK to ZAR Historical Review

YEARLY HIGH

2.7915 ZAR

YEARLY LOW

2.1102 ZAR

YEARLY AVERAGE

2.4902 ZAR

2020 HRK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HRK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 9, valuing the pair at 2.7915. Conversely, the yearly low was recorded on January 1, dropping to 2.1102.

This high-to-low spread represents a total annual volatility of 0.6813 ZAR. From a start-to-finish perspective, comparing the January average rate of 2.1489 to the December average rate of 2.4002, the exchange rate registered a net change of 11.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.7915 was up 19.77% compared to the 2019 peak of 2.3307, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,958 ZAR

2019 Average 10,901 ZAR

Yearly Trough Low 10,551 ZAR

Transaction Impact: A difference of 3,406.68 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.7702

2.0924

JanuMarcMayJulySeptNove

HRK 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 2.4366, compared to 2.5439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1072 points.

H1 Avg (Jan–Jun) 2.4366

H2 Avg (Jul–Dec) 2.5439

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.3472 ZAR (High: 2.6190 / Low: 2.2718). On the other end, October was the most stable month, with a tight range of 0.0926 ZAR (High: 2.5930 / Low: 2.5004).

March Spread (Volatile) ±0.3472

October Spread (Stable) ±0.0926

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 October and November, when the average rate fell by 0.1226 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 2.7137) against the same month in 2019 (average: 2.2850), the exchange rate shifted by +0.4287 (+18.76%).

2020 Avg (August) 2.7137

2019 Avg (August) 2.2850

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2365	2.1102	2.1489
February	2.3129	2.1661	2.2050
March	2.6190	2.2718	2.4382
April	2.7302	2.5853	2.6658
May	2.7334	2.5170	2.6161
June	2.5877	2.4814	2.5457
July	2.7024	2.5126	2.5517
August	2.7915	2.6170	2.7137
September	2.6545	2.5396	2.6130
October	2.5930	2.5004	2.5535
November	2.5048	2.3857	2.4309
December	2.4522	2.3542	2.4002