YEARLY HIGH
5.1216 BTN
YEARLY LOW
3.9340 BTN
YEARLY AVERAGE
4.5196 BTN

2020 ZAR to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 5.1216. Conversely, the yearly low was recorded on April 5, dropping to 3.9340.

This high-to-low spread represents a total annual volatility of 1.1877 BTN. From a start-to-finish perspective, comparing the January average rate of 4.9453 to the December average rate of 4.9524, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 5.1216 was down 4.81% compared to the 2019 peak of 5.3803, 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 256,082 BTN
2019 Average 243,673 BTN
Yearly Trough Low 196,699 BTN
Transaction Impact: A difference of 59,382.59 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

5.0387
4.0031
JanuMarcMayJulySeptNove

ZAR to BTN 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 4.4720, compared to 4.5671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0951 points.

H1 Avg (Jan–Jun) 4.4720
H2 Avg (Jul–Dec) 4.5671

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.6407 BTN (High: 4.7939 / Low: 4.1532). On the other end, October was the most stable month, with a tight range of 0.1950 BTN (High: 4.5874 / Low: 4.3924).

March Spread (Volatile) ±0.6407
October Spread (Stable) ±0.1950

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 0.3709 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3709

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 4.9453) against the same month in 2019 (average: 5.1069), the exchange rate shifted by -0.1616 (-3.16%).

2020 Avg (January) 4.9453
2019 Avg (January) 5.1069

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.1216 4.7497 4.9453
February 4.8237 4.6080 4.7475
March 4.7939 4.1532 4.4603
April 4.2254 3.9340 4.0894
May 4.3553 3.9417 4.1657
June 4.5701 4.3404 4.4240
July 4.5580 4.3595 4.4697
August 4.4472 4.2292 4.3306
September 4.5517 4.2850 4.3906
October 4.5874 4.3924 4.4746
November 4.8848 4.5795 4.7848
December 5.0629 4.8276 4.9524