2020 ZAR to BGN Historical Review

YEARLY HIGH

0.1245 BGN

YEARLY LOW

0.0938 BGN

YEARLY AVERAGE

0.1048 BGN

2020 ZAR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1245. Conversely, the yearly low was recorded on August 9, dropping to 0.0938.

This high-to-low spread represents a total annual volatility of 0.0306 BGN. 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 0.1245 was down 3.46% compared to the 2019 peak of 0.1289, 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 6,224 BGN

2019 Average 6,051 BGN

Yearly Trough Low 4,692 BGN

Transaction Impact: A difference of 1,531.93 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1249

0.0934

JanuMarcMayJulySeptNove

ZAR to BGN 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 0.1021 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) 0.1021

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0170 BGN (High: 0.1152 / Low: 0.0982). On the other end, October was the most stable month, with a tight range of 0.0036 BGN (High: 0.1033 / Low: 0.0997).

March Spread (Volatile) ±0.0170

October Spread (Stable) ±0.0036

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 0.0128 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0128

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: 0.1239), the exchange rate shifted by -0.0016 (-1.28%).

2020 Avg (January) 0.1223

2019 Avg (January) 0.1239

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1245	0.1177	0.1223
February	0.1211	0.1131	0.1190
March	0.1152	0.0982	0.1062
April	0.0993	0.0939	0.0967
May	0.1024	0.0944	0.0988
June	0.1041	0.0997	0.1015
July	0.1034	0.0969	0.1018
August	0.0992	0.0938	0.0960
September	0.1021	0.0978	0.0993
October	0.1033	0.0997	0.1011
November	0.1085	0.1031	0.1064
December	0.1102	0.1056	0.1081