2020 MRO to ZAR Historical Review

YEARLY HIGH

0.0540 ZAR

YEARLY LOW

0.0392 ZAR

YEARLY AVERAGE

0.0461 ZAR

2020 MRO to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MRO to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.0540. Conversely, the yearly low was recorded on January 1, dropping to 0.0392.

This high-to-low spread represents a total annual volatility of 0.0147 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0404 to the December average rate of 0.0417, the exchange rate registered a net change of 3.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0540 was up 24.63% compared to the 2019 peak of 0.0433, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 270 ZAR

2019 Average 202 ZAR

Yearly Trough Low 196 ZAR

Transaction Impact: A difference of 73.68 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0534

0.0392

JanuMarcMayJulySeptNove

MRO 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 0.0467, compared to 0.0455 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0467

H2 Avg (Jul–Dec) 0.0455

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0074 ZAR (High: 0.0502 / Low: 0.0428). On the other end, October was the most stable month, with a tight range of 0.0015 ZAR (High: 0.0468 / Low: 0.0454).

March Spread (Volatile) ±0.0074

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 May and June, when the average rate fell by 0.0029 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.0522) against the same month in 2019 (average: 0.0396), the exchange rate shifted by +0.0125 (+31.67%).

2020 Avg (April) 0.0522

2019 Avg (April) 0.0396

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0420	0.0392	0.0404
February	0.0439	0.0413	0.0422
March	0.0502	0.0428	0.0468
April	0.0540	0.0505	0.0522
May	0.0530	0.0486	0.0509
June	0.0488	0.0463	0.0480
July	0.0481	0.0460	0.0470
August	0.0496	0.0464	0.0482
September	0.0480	0.0453	0.0468
October	0.0468	0.0454	0.0460
November	0.0456	0.0424	0.0435
December	0.0428	0.0407	0.0417