YEARLY HIGH
2.8588 ZAR
YEARLY LOW
1.8286 ZAR
YEARLY AVERAGE
2.3640 ZAR

2020 TRY to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 2.8588. Conversely, the yearly low was recorded on November 7, dropping to 1.8286.

This high-to-low spread represents a total annual volatility of 1.0303 ZAR. From a start-to-finish perspective, comparing the January average rate of 2.4315 to the December average rate of 1.9309, the exchange rate registered a net change of -20.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.8588 was up 2.78% compared to the 2019 peak of 2.7816, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 142,942 ZAR
2019 Average 127,253 ZAR
Yearly Trough Low 91,428 ZAR
Transaction Impact: A difference of 51,513.75 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.7977
1.8520
JanuMarcMayJulySeptNove

TRY 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: JanтАУJun) was 2.5659, compared to 2.1621 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.4037 points.

H1 Avg (JanтАУJun) 2.5659
H2 Avg (JulтАУDec) 2.1621

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2766 ZAR (High: 2.7715 / Low: 2.4948). On the other end, February was the most stable month, with a tight range of 0.0587 ZAR (High: 2.5191 / Low: 2.4604).

March Spread (Volatile) ┬▒0.2766
February Spread (Stable) ┬▒0.0587

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 August and September, when the average rate fell by 0.1511 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1511

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 2.7189) against the same month in 2019 (average: 2.4500), the exchange rate shifted by +0.2689 (+10.97%).

2020 Avg (April) 2.7189
2019 Avg (April) 2.4500

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 2.5087 2.3556 2.4315
February 2.5191 2.4604 2.4816
March 2.7715 2.4948 2.6293
April 2.8588 2.6114 2.7189
May 2.7021 2.5606 2.6226
June 2.5582 2.4387 2.5114
July 2.5029 2.3749 2.4403
August 2.5047 2.2595 2.3667
September 2.2806 2.1413 2.2156
October 2.1441 1.9467 2.0686
November 2.0458 1.8286 1.9509
December 1.9912 1.8998 1.9309