YEARLY HIGH
54.4622 CLP
YEARLY LOW
44.0345 CLP
YEARLY AVERAGE
48.2940 CLP

2020 ZAR to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 54.4622. Conversely, the yearly low was recorded on August 3, dropping to 44.0345.

This high-to-low spread represents a total annual volatility of 10.4277 CLP. From a start-to-finish perspective, comparing the January average rate of 53.7060 to the December average rate of 49.1192, the exchange rate registered a net change of -8.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 54.4622 was down 6.98% compared to the 2019 peak of 58.5458, 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 2,723,109 CLP
2019 Average 2,435,160 CLP
Yearly Trough Low 2,201,726 CLP
Transaction Impact: A difference of 521,382.66 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

54.5603
44.3096
JanuMarcMayJulySeptNove

ZAR to CLP 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 49.1181, compared to 47.4700 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6482 points.

H1 Avg (Jan–Jun) 49.1181
H2 Avg (Jul–Dec) 47.4700

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 7.2959 CLP (High: 53.7101 / Low: 46.4141). On the other end, October was the most stable month, with a tight range of 1.3760 CLP (High: 48.5170 / Low: 47.1410).

March Spread (Volatile) ±7.2959
October Spread (Stable) ±1.3760

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 4.6160 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.6160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 53.7060) against the same month in 2019 (average: 48.8083), the exchange rate shifted by +4.8977 (+10.03%).

2020 Avg (January) 53.7060
2019 Avg (January) 48.8083

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 54.4622 52.8642 53.7060
February 53.5748 52.1969 53.0214
March 53.7101 46.4141 50.4340
April 47.4232 44.9246 45.8179
May 47.2591 44.1202 45.1638
June 47.6201 45.3085 46.5656
July 47.4175 44.3323 46.7491
August 47.0347 44.0345 45.6205
September 47.0805 45.4971 46.2648
October 48.5170 47.1410 47.9123
November 50.9202 47.3845 49.1539
December 49.9071 48.4565 49.1192