YEARLY HIGH
0.1215 AZN
YEARLY LOW
0.0883 AZN
YEARLY AVERAGE
0.1040 AZN

2020 ZAR to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1215. Conversely, the yearly low was recorded on April 5, dropping to 0.0883.

This high-to-low spread represents a total annual volatility of 0.0332 AZN. From a start-to-finish perspective, comparing the January average rate of 0.1182 to the December average rate of 0.1145, the exchange rate registered a net change of -3.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1215 was down 5.31% compared to the 2019 peak of 0.1283, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,076 AZN
2019 Average 5,897 AZN
Yearly Trough Low 4,417 AZN
Transaction Impact: A difference of 1,658.76 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1209
0.0888
JanuMarcMayJulySeptNove

ZAR to AZN 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 0.1030, compared to 0.1050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.1030
H2 Avg (Jul–Dec) 0.1050

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0165 AZN (High: 0.1115 / Low: 0.0950). On the other end, October was the most stable month, with a tight range of 0.0033 AZN (High: 0.1051 / Low: 0.1018).

March Spread (Volatile) ±0.0165
October Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0109 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0109

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.1182) against the same month in 2019 (average: 0.1231), the exchange rate shifted by -0.0049 (-3.99%).

2020 Avg (January) 0.1182
2019 Avg (January) 0.1231

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1215 0.1134 0.1182
February 0.1154 0.1087 0.1131
March 0.1115 0.0950 0.1022
April 0.0944 0.0883 0.0914
May 0.0981 0.0900 0.0938
June 0.1030 0.0977 0.0995
July 0.1038 0.0992 0.1016
August 0.1027 0.0962 0.0989
September 0.1053 0.0993 0.1018
October 0.1051 0.1018 0.1036
November 0.1125 0.1046 0.1097
December 0.1171 0.1113 0.1145