YEARLY HIGH
0.1771 ZAR
YEARLY LOW
0.1337 ZAR
YEARLY AVERAGE
0.1597 ZAR

2020 RSD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RSD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 9, valuing the pair at 0.1771. Conversely, the yearly low was recorded on January 1, dropping to 0.1337.

This high-to-low spread represents a total annual volatility of 0.0435 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1361 to the December average rate of 0.1539, the exchange rate registered a net change of 13.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1771 was up 21.29% compared to the 2019 peak of 0.1461, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 886 ZAR
2019 Average 686 ZAR
Yearly Trough Low 668 ZAR
Transaction Impact: A difference of 217.39 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1769
0.1323
JanuMarcMayJulySeptNove

RSD 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 0.1562, compared to 0.1631 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 0.1562
H2 Avg (Jul–Dec) 0.1631

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0252 ZAR (High: 0.1700 / Low: 0.1447). On the other end, October was the most stable month, with a tight range of 0.0060 ZAR (High: 0.1669 / Low: 0.1609).

March Spread (Volatile) ±0.0252
October Spread (Stable) ±0.0060

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 0.0081 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.1732) against the same month in 2019 (average: 0.1434), the exchange rate shifted by +0.0297 (+20.74%).

2020 Avg (August) 0.1732
2019 Avg (August) 0.1434

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1412 0.1337 0.1361
February 0.1463 0.1374 0.1398
March 0.1700 0.1447 0.1570
April 0.1771 0.1676 0.1721
May 0.1761 0.1624 0.1685
June 0.1667 0.1598 0.1639
July 0.1711 0.1610 0.1633
August 0.1771 0.1678 0.1732
September 0.1701 0.1629 0.1676
October 0.1669 0.1609 0.1645
November 0.1612 0.1534 0.1564
December 0.1575 0.1510 0.1539