2020 ZAR to DJF Historical Review

YEARLY HIGH

12.7057 DJF

YEARLY LOW

9.2371 DJF

YEARLY AVERAGE

10.8782 DJF

2020 ZAR to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 12.7057. Conversely, the yearly low was recorded on April 5, dropping to 9.2371.

This high-to-low spread represents a total annual volatility of 3.4685 DJF. From a start-to-finish perspective, comparing the January average rate of 12.3593 to the December average rate of 11.9753, the exchange rate registered a net change of -3.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 12.7057 was down 5.34% compared to the 2019 peak of 13.4224, 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 635,283 DJF

2019 Average 616,336 DJF

Yearly Trough Low 461,856 DJF

Transaction Impact: A difference of 173,427.31 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

12.6390

9.2824

JanuMarcMayJulySeptNove

ZAR to DJF 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 10.7748, compared to 10.9816 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2068 points.

H1 Avg (Jan–Jun) 10.7748

H2 Avg (Jul–Dec) 10.9816

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.7265 DJF (High: 11.6621 / Low: 9.9355). On the other end, October was the most stable month, with a tight range of 0.3444 DJF (High: 10.9903 / Low: 10.6459).

March Spread (Volatile) ±1.7265

October Spread (Stable) ±0.3444

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 1.1374 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.1374

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 12.3593) against the same month in 2019 (average: 12.8031), the exchange rate shifted by -0.4439 (-3.47%).

2020 Avg (January) 12.3593

2019 Avg (January) 12.8031

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.7057	11.8612	12.3593
February	12.0646	11.3596	11.8280
March	11.6621	9.9355	10.6907
April	9.8719	9.2371	9.5622
May	10.2537	9.4113	9.8090
June	10.7746	10.2153	10.3997
July	10.8536	10.3664	10.6191
August	10.7430	10.0619	10.3400
September	11.0183	10.3786	10.6490
October	10.9903	10.6459	10.8326
November	11.7639	10.9356	11.4737
December	12.2497	11.6411	11.9753