YEARLY HIGH
0.0423 ZAR
YEARLY LOW
0.0007 ZAR
YEARLY AVERAGE
0.0380 ZAR

2020 KMF to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KMF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.0423. Conversely, the yearly low was recorded on December 15, dropping to 0.0007.

This high-to-low spread represents a total annual volatility of 0.0416 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0325 to the December average rate of 0.0356, the exchange rate registered a net change of 9.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0423 was up 20.30% compared to the 2019 peak of 0.0352, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 212 ZAR
2019 Average 164 ZAR
Yearly Trough Low 4 ZAR
Transaction Impact: A difference of 207.90 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0423
0.0316
JanuMarcMayJulySeptNove

KMF 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 0.0373, compared to 0.0388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0373
H2 Avg (Jul–Dec) 0.0388

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0369 ZAR (High: 0.0376 / Low: 0.0007). On the other end, October was the most stable month, with a tight range of 0.0015 ZAR (High: 0.0400 / Low: 0.0385).

December Spread (Volatile) ±0.0369
October Spread (Stable) ±0.0015

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 0.0019 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.0411) against the same month in 2019 (average: 0.0323), the exchange rate shifted by +0.0088 (+27.30%).

2020 Avg (April) 0.0411
2019 Avg (April) 0.0323

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0337 0.0319 0.0325
February 0.0350 0.0328 0.0334
March 0.0401 0.0344 0.0374
April 0.0423 0.0399 0.0411
May 0.0422 0.0387 0.0402
June 0.0400 0.0382 0.0392
July 0.0408 0.0383 0.0390
August 0.0422 0.0401 0.0414
September 0.0409 0.0388 0.0400
October 0.0400 0.0385 0.0393
November 0.0386 0.0366 0.0373
December 0.0376 0.0007 0.0356