2020 ZAR to BAM Historical Review

YEARLY HIGH

0.1250 BAM

YEARLY LOW

0.0938 BAM

YEARLY AVERAGE

0.1048 BAM

2020 ZAR to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1250. Conversely, the yearly low was recorded on August 7, dropping to 0.0938.

This high-to-low spread represents a total annual volatility of 0.0312 BAM. From a start-to-finish perspective, comparing the January average rate of 0.1223 to the December average rate of 0.1081, the exchange rate registered a net change of -11.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1250 was down 2.98% compared to the 2019 peak of 0.1288, 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 6,249 BAM

2019 Average 6,049 BAM

Yearly Trough Low 4,691 BAM

Transaction Impact: A difference of 1,558.38 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1249

0.0935

JanuMarcMayJulySeptNove

ZAR to BAM 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 0.1074, compared to 0.1022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.1074

H2 Avg (Jul–Dec) 0.1022

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0168 BAM (High: 0.1150 / Low: 0.0981). On the other end, October was the most stable month, with a tight range of 0.0038 BAM (High: 0.1031 / Low: 0.0993).

March Spread (Volatile) ±0.0168

October Spread (Stable) ±0.0038

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 0.0130 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.1223) against the same month in 2019 (average: 0.1238), the exchange rate shifted by -0.0015 (-1.22%).

2020 Avg (January) 0.1223

2019 Avg (January) 0.1238

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1250	0.1181	0.1223
February	0.1211	0.1135	0.1191
March	0.1150	0.0981	0.1061
April	0.0998	0.0940	0.0967
May	0.1026	0.0944	0.0988
June	0.1044	0.0993	0.1015
July	0.1042	0.0967	0.1020
August	0.0999	0.0938	0.0961
September	0.1026	0.0974	0.0992
October	0.1031	0.0993	0.1011
November	0.1088	0.1029	0.1065
December	0.1101	0.1056	0.1081