YEARLY HIGH
0.1775 ZAR
YEARLY LOW
0.1289 ZAR
YEARLY AVERAGE
0.1543 ZAR

2020 JPY to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JPY to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 0.1775. Conversely, the yearly low was recorded on January 1, dropping to 0.1289.

This high-to-low spread represents a total annual volatility of 0.0487 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1319 to the December average rate of 0.1433, the exchange rate registered a net change of 8.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1775 was up 21.22% compared to the 2019 peak of 0.1464, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 88,756 ZAR
2019 Average 66,313 ZAR
Yearly Trough Low 64,426 ZAR
Transaction Impact: A difference of 24,330.07 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1768
0.1278
JanuMarcMayJulySeptNove

JPY 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 0.1542, compared to 0.1544 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1542
H2 Avg (Jul–Dec) 0.1544

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0250 ZAR (High: 0.1667 / Low: 0.1417). On the other end, October was the most stable month, with a tight range of 0.0037 ZAR (High: 0.1583 / Low: 0.1546).

March Spread (Volatile) ±0.0250
October Spread (Stable) ±0.0037

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 0.0103 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.1727) against the same month in 2019 (average: 0.1266), the exchange rate shifted by +0.0461 (+36.38%).

2020 Avg (April) 0.1727
2019 Avg (April) 0.1266

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1384 0.1289 0.1319
February 0.1450 0.1344 0.1370
March 0.1667 0.1417 0.1551
April 0.1775 0.1662 0.1727
May 0.1773 0.1610 0.1694
June 0.1629 0.1529 0.1591
July 0.1613 0.1536 0.1570
August 0.1670 0.1570 0.1625
September 0.1629 0.1544 0.1583
October 0.1583 0.1546 0.1562
November 0.1557 0.1449 0.1488
December 0.1464 0.1407 0.1433