YEARLY HIGH
0.0156 ZAR
YEARLY LOW
0.0121 ZAR
YEARLY AVERAGE
0.0140 ZAR

2020 KRW to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KRW to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.0156. Conversely, the yearly low was recorded on January 1, dropping to 0.0121.

This high-to-low spread represents a total annual volatility of 0.0035 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0124 to the December average rate of 0.0136, the exchange rate registered a net change of 10.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0156 was up 19.93% compared to the 2019 peak of 0.0130, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 77,915 ZAR
2019 Average 62,004 ZAR
Yearly Trough Low 60,649 ZAR
Transaction Impact: A difference of 17,266.18 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0155
0.0121
JanuMarcMayJulySeptNove

KRW 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 0.0138, compared to 0.0141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0138
H2 Avg (Jul–Dec) 0.0141

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0019 ZAR (High: 0.0148 / Low: 0.0129). On the other end, October was the most stable month, with a tight range of 0.0004 ZAR (High: 0.0145 / Low: 0.0141).

March Spread (Volatile) ±0.0019
October Spread (Stable) ±0.0004

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 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.0152) against the same month in 2019 (average: 0.0124), the exchange rate shifted by +0.0029 (+23.02%).

2020 Avg (April) 0.0152
2019 Avg (April) 0.0124

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0125 0.0121 0.0124
February 0.0131 0.0124 0.0126
March 0.0148 0.0129 0.0137
April 0.0156 0.0148 0.0152
May 0.0154 0.0140 0.0148
June 0.0145 0.0139 0.0142
July 0.0143 0.0137 0.0140
August 0.0149 0.0140 0.0145
September 0.0147 0.0138 0.0142
October 0.0145 0.0141 0.0144
November 0.0143 0.0137 0.0139
December 0.0140 0.0132 0.0136