YEARLY HIGH
0.0965 BND
YEARLY LOW
0.0740 BND
YEARLY AVERAGE
0.0842 BND

2020 ZAR to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0965. Conversely, the yearly low was recorded on May 3, dropping to 0.0740.

This high-to-low spread represents a total annual volatility of 0.0225 BND. From a start-to-finish perspective, comparing the January average rate of 0.0938 to the December average rate of 0.0896, the exchange rate registered a net change of -4.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0965 was down 18.75% compared to the 2019 peak of 0.1188, 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 4,826 BND
2019 Average 4,764 BND
Yearly Trough Low 3,701 BND
Transaction Impact: A difference of 1,125.24 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0955
0.0748
JanuMarcMayJulySeptNove

ZAR to BND 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 0.0845, compared to 0.0839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0845
H2 Avg (Jul–Dec) 0.0839

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0115 BND (High: 0.0907 / Low: 0.0792). On the other end, October was the most stable month, with a tight range of 0.0026 BND (High: 0.0840 / Low: 0.0813).

March Spread (Volatile) ±0.0115
October Spread (Stable) ±0.0026

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 March and April, when the average rate fell by 0.0085 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0938) against the same month in 2019 (average: 0.1134), the exchange rate shifted by -0.0196 (-17.31%).

2020 Avg (January) 0.0938
2019 Avg (January) 0.1134

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0965 0.0910 0.0938
February 0.0937 0.0890 0.0923
March 0.0907 0.0792 0.0850
April 0.0789 0.0745 0.0765
May 0.0816 0.0740 0.0781
June 0.0838 0.0797 0.0814
July 0.0846 0.0804 0.0828
August 0.0824 0.0777 0.0796
September 0.0841 0.0796 0.0817
October 0.0840 0.0813 0.0827
November 0.0888 0.0838 0.0868
December 0.0915 0.0876 0.0896