2020 NZD to ZAR Historical Review

YEARLY HIGH

11.6627 ZAR

YEARLY LOW

9.3997 ZAR

YEARLY AVERAGE

10.6832 ZAR

2020 NZD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NZD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 11.6627. Conversely, the yearly low was recorded on January 9, dropping to 9.3997.

This high-to-low spread represents a total annual volatility of 2.2630 ZAR. From a start-to-finish perspective, comparing the January average rate of 9.5246 to the December average rate of 10.5522, the exchange rate registered a net change of 10.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 11.6627 was up 16.94% compared to the 2019 peak of 9.9731, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,313 ZAR

2019 Average 47,591 ZAR

Yearly Trough Low 46,999 ZAR

Transaction Impact: A difference of 11,314.80 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

11.5583

9.3397

JanuMarcMayJulySeptNove

NZD 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 10.4177, compared to 10.9487 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5309 points.

H1 Avg (Jan–Jun) 10.4177

H2 Avg (Jul–Dec) 10.9487

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.2179 ZAR (High: 10.8361 / Low: 9.6182). On the other end, October was the most stable month, with a tight range of 0.2821 ZAR (High: 11.0291 / Low: 10.7470).

March Spread (Volatile) ±1.2179

October Spread (Stable) ±0.2821

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 0.2472 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2472

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 11.3734) against the same month in 2019 (average: 9.7651), the exchange rate shifted by +1.6083 (+16.47%).

2020 Avg (August) 11.3734

2019 Avg (August) 9.7651

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.6998	9.3997	9.5246
February	9.7915	9.4854	9.6205
March	10.8361	9.6182	10.0794
April	11.4760	10.8380	11.1910
May	11.4117	10.7243	11.0536
June	11.2287	10.7583	11.0374
July	11.3181	10.9006	11.0447
August	11.6627	11.0282	11.3734
September	11.3777	10.9344	11.1473
October	11.0291	10.7470	10.9108
November	10.8383	10.5057	10.6636
December	10.8116	10.3584	10.5522