YEARLY HIGH
1.1451 EGP
YEARLY LOW
0.8175 EGP
YEARLY AVERAGE
0.9659 EGP

2020 ZAR to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.1451. Conversely, the yearly low was recorded on April 5, dropping to 0.8175.

This high-to-low spread represents a total annual volatility of 0.3276 EGP. From a start-to-finish perspective, comparing the January average rate of 1.1038 to the December average rate of 1.0554, the exchange rate registered a net change of -4.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.1451 was down 14.09% compared to the 2019 peak of 1.3329, 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 57,255 EGP
2019 Average 58,283 EGP
Yearly Trough Low 40,877 EGP
Transaction Impact: A difference of 16,378.24 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.1295
0.8212
JanuMarcMayJulySeptNove

ZAR to EGP 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 0.9579, compared to 0.9740 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0161 points.

H1 Avg (Jan–Jun) 0.9579
H2 Avg (Jul–Dec) 0.9740

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1565 EGP (High: 1.0253 / Low: 0.8688). On the other end, October was the most stable month, with a tight range of 0.0297 EGP (High: 0.9696 / Low: 0.9399).

March Spread (Volatile) ±0.1565
October Spread (Stable) ±0.0297

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 0.1001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1.1038) against the same month in 2019 (average: 1.2926), the exchange rate shifted by -0.1888 (-14.60%).

2020 Avg (January) 1.1038
2019 Avg (January) 1.2926

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1451 1.0529 1.1038
February 1.0693 0.9975 1.0420
March 1.0253 0.8688 0.9418
April 0.8753 0.8175 0.8469
May 0.9124 0.8263 0.8685
June 0.9795 0.9165 0.9443
July 0.9744 0.9339 0.9548
August 0.9575 0.9038 0.9257
September 0.9747 0.9181 0.9438
October 0.9696 0.9399 0.9558
November 1.0345 0.9652 1.0087
December 1.0810 1.0242 1.0554