YEARLY HIGH
2.5838 ZAR
YEARLY LOW
1.0268 ZAR
YEARLY AVERAGE
1.9335 ZAR

2020 SRD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SRD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 2.5838. Conversely, the yearly low was recorded on December 19, dropping to 1.0268.

This high-to-low spread represents a total annual volatility of 1.5570 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.9317 to the December average rate of 1.0507, the exchange rate registered a net change of -45.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.5838 was up 24.63% compared to the 2019 peak of 2.0731, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,919 ZAR
2019 Average 9,688 ZAR
Yearly Trough Low 5,134 ZAR
Transaction Impact: A difference of 7,785.18 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.6420
0.9060
JanuMarcMayJulySeptNove

SRD 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 2.2363, compared to 1.6308 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6055 points.

H1 Avg (Jan–Jun) 2.2363
H2 Avg (Jul–Dec) 1.6308

Volatility Range Comparison

Volatility

The most volatile month in 2020 was September, with a trading range of 1.0951 ZAR (High: 2.2781 / Low: 1.1830). On the other end, October was the most stable month, with a tight range of 0.0368 ZAR (High: 1.1814 / Low: 1.1446).

September Spread (Volatile) ±1.0951
October Spread (Stable) ±0.0368

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 September and October, when the average rate fell by 0.7576 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7576

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 2.4973) against the same month in 2019 (average: 1.8966), the exchange rate shifted by +0.6007 (+31.67%).

2020 Avg (April) 2.4973
2019 Avg (April) 1.8966

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0122 1.8785 1.9317
February 2.1010 1.9788 2.0186
March 2.4022 2.0468 2.2390
April 2.5838 2.4177 2.4973
May 2.5367 2.3276 2.4353
June 2.3368 2.2157 2.2958
July 2.3022 2.1996 2.2482
August 2.3721 2.2222 2.3090
September 2.2781 1.1830 1.9189
October 1.1814 1.1446 1.1612
November 1.1500 1.0692 1.0966
December 1.0803 1.0268 1.0507