YEARLY HIGH
0.0691 CHF
YEARLY LOW
0.0507 CHF
YEARLY AVERAGE
0.0573 CHF

2020 ZAR to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0691. Conversely, the yearly low was recorded on April 5, dropping to 0.0507.

This high-to-low spread represents a total annual volatility of 0.0184 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0673 to the December average rate of 0.0597, the exchange rate registered a net change of -11.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0691 was down 7.81% compared to the 2019 peak of 0.0749, 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 3,454 CHF
2019 Average 3,442 CHF
Yearly Trough Low 2,536 CHF
Transaction Impact: A difference of 918.14 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0689
0.0506
JanuMarcMayJulySeptNove

ZAR to CHF 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 0.0585, compared to 0.0562 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0585
H2 Avg (Jul–Dec) 0.0562

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0096 CHF (High: 0.0627 / Low: 0.0531). On the other end, October was the most stable month, with a tight range of 0.0016 CHF (High: 0.0565 / Low: 0.0549).

March Spread (Volatile) ±0.0096
October Spread (Stable) ±0.0016

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 0.0074 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0673) against the same month in 2019 (average: 0.0715), the exchange rate shifted by -0.0042 (-5.87%).

2020 Avg (January) 0.0673
2019 Avg (January) 0.0715

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0691 0.0642 0.0673
February 0.0660 0.0616 0.0648
March 0.0627 0.0531 0.0575
April 0.0536 0.0507 0.0521
May 0.0558 0.0509 0.0534
June 0.0575 0.0544 0.0556
July 0.0569 0.0535 0.0557
August 0.0546 0.0516 0.0529
September 0.0562 0.0539 0.0547
October 0.0565 0.0549 0.0555
November 0.0600 0.0564 0.0586
December 0.0610 0.0585 0.0597