YEARLY HIGH
19.2701 ZAR
YEARLY LOW
14.0095 ZAR
YEARLY AVERAGE
16.4674 ZAR

2020 IMP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IMP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 19.2701. Conversely, the yearly low was recorded on January 1, dropping to 14.0095.

This high-to-low spread represents a total annual volatility of 5.2606 ZAR. From a start-to-finish perspective, comparing the January average rate of 14.4064 to the December average rate of 14.8710, the exchange rate registered a net change of 3.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 19.2701 was up 24.63% compared to the 2019 peak of 15.4612, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 96,350 ZAR
2019 Average 72,250 ZAR
Yearly Trough Low 70,048 ZAR
Transaction Impact: A difference of 26,302.90 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

19.0471
13.9845
JanuMarcMayJulySeptNove

IMP 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 16.6783, compared to 16.2566 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4217 points.

H1 Avg (Jan–Jun) 16.6783
H2 Avg (Jul–Dec) 16.2566

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.6502 ZAR (High: 17.9155 / Low: 15.2653). On the other end, October was the most stable month, with a tight range of 0.5203 ZAR (High: 16.7210 / Low: 16.2007).

March Spread (Volatile) ±2.6502
October Spread (Stable) ±0.5203

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 1.0404 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.0404

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 18.6252) against the same month in 2019 (average: 14.1450), the exchange rate shifted by +4.4802 (+31.67%).

2020 Avg (April) 18.6252
2019 Avg (April) 14.1450

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.0069 14.0095 14.4064
February 15.6695 14.7581 15.0547
March 17.9155 15.2653 16.6985
April 19.2701 18.0310 18.6252
May 18.9188 17.3596 18.1626
June 17.4282 16.5250 17.1222
July 17.1695 16.4046 16.7672
August 17.6914 16.5728 17.2206
September 17.1526 16.1680 16.7224
October 16.7210 16.2007 16.4363
November 16.2771 15.1332 15.5218
December 15.2907 14.5330 14.8710