YEARLY HIGH
0.7592 BWP
YEARLY LOW
0.6312 BWP
YEARLY AVERAGE
0.6973 BWP

2020 ZAR to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.7592. Conversely, the yearly low was recorded on May 3, dropping to 0.6312.

This high-to-low spread represents a total annual volatility of 0.1281 BWP. From a start-to-finish perspective, comparing the January average rate of 0.7445 to the December average rate of 0.7327, the exchange rate registered a net change of -1.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7592 was down 3.24% compared to the 2019 peak of 0.7847, 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 37,962 BWP
2019 Average 37,239 BWP
Yearly Trough Low 31,559 BWP
Transaction Impact: A difference of 6,402.92 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7536
0.6443
JanuMarcMayJulySeptNove

ZAR to BWP 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 0.6939, compared to 0.7006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.6939
H2 Avg (Jul–Dec) 0.7006

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0862 BWP (High: 0.7250 / Low: 0.6387). On the other end, October was the most stable month, with a tight range of 0.0161 BWP (High: 0.7026 / Low: 0.6866).

March Spread (Volatile) ±0.0862
October Spread (Stable) ±0.0161

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 0.0432 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0432

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.7445) against the same month in 2019 (average: 0.7620), the exchange rate shifted by -0.0175 (-2.30%).

2020 Avg (January) 0.7445
2019 Avg (January) 0.7620

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7592 0.7274 0.7445
February 0.7396 0.7067 0.7304
March 0.7250 0.6387 0.6872
April 0.6731 0.6364 0.6534
May 0.6906 0.6312 0.6643
June 0.6969 0.6714 0.6837
July 0.7043 0.6760 0.6909
August 0.6920 0.6656 0.6760
September 0.7053 0.6763 0.6882
October 0.7026 0.6866 0.6970
November 0.7301 0.7004 0.7189
December 0.7449 0.7212 0.7327