YEARLY HIGH
0.2528 ZAR
YEARLY LOW
0.1967 ZAR
YEARLY AVERAGE
0.2219 ZAR

2020 INR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the INR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.2528. Conversely, the yearly low was recorded on January 1, dropping to 0.1967.

This high-to-low spread represents a total annual volatility of 0.0561 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.2021 to the December average rate of 0.2019, the exchange rate registered a net change of -0.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2528 was up 16.37% compared to the 2019 peak of 0.2172, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 63,189 ZAR
2019 Average 51,312 ZAR
Yearly Trough Low 49,171 ZAR
Transaction Impact: A difference of 14,017.55 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2486
0.1976
JanuMarcMayJulySeptNove

INR 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 0.2244, compared to 0.2194 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.2244
H2 Avg (Jul–Dec) 0.2194

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0299 ZAR (High: 0.2376 / Low: 0.2077). On the other end, October was the most stable month, with a tight range of 0.0094 ZAR (High: 0.2271 / Low: 0.2178).

March Spread (Volatile) ±0.0299
October Spread (Stable) ±0.0094

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 0.0143 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.2443) against the same month in 2019 (average: 0.2037), the exchange rate shifted by +0.0406 (+19.92%).

2020 Avg (April) 0.2443
2019 Avg (April) 0.2037

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2099 0.1967 0.2021
February 0.2171 0.2073 0.2103
March 0.2376 0.2077 0.2239
April 0.2528 0.2367 0.2443
May 0.2505 0.2287 0.2399
June 0.2302 0.2184 0.2260
July 0.2292 0.2193 0.2238
August 0.2363 0.2266 0.2309
September 0.2325 0.2197 0.2274
October 0.2271 0.2178 0.2234
November 0.2181 0.2051 0.2091
December 0.2076 0.1974 0.2019