YEARLY HIGH
0.0447 ZAR
YEARLY LOW
0.0346 ZAR
YEARLY AVERAGE
0.0398 ZAR

2020 KZT to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KZT to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 0.0447. Conversely, the yearly low was recorded on December 19, dropping to 0.0346.

This high-to-low spread represents a total annual volatility of 0.0101 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0380 to the December average rate of 0.0353, the exchange rate registered a net change of -7.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0447 was up 10.56% compared to the 2019 peak of 0.0404, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 224 ZAR
2019 Average 189 ZAR
Yearly Trough Low 173 ZAR
Transaction Impact: A difference of 50.34 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0442
0.0345
JanuMarcMayJulySeptNove

KZT 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 0.0411, compared to 0.0385 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0411
H2 Avg (Jul–Dec) 0.0385

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0039 ZAR (High: 0.0418 / Low: 0.0379). On the other end, October was the most stable month, with a tight range of 0.0014 ZAR (High: 0.0389 / Low: 0.0375).

March Spread (Volatile) ±0.0039
October Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0021 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 0.0434) against the same month in 2019 (average: 0.0379), the exchange rate shifted by +0.0055 (+14.40%).

2020 Avg (May) 0.0434
2019 Avg (May) 0.0379

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0395 0.0364 0.0380
February 0.0414 0.0389 0.0398
March 0.0418 0.0379 0.0399
April 0.0443 0.0406 0.0430
May 0.0447 0.0421 0.0434
June 0.0433 0.0412 0.0425
July 0.0419 0.0395 0.0406
August 0.0422 0.0394 0.0410
September 0.0403 0.0381 0.0394
October 0.0389 0.0375 0.0383
November 0.0376 0.0357 0.0362
December 0.0362 0.0346 0.0353