2020 ZAR to HKD Historical Review

YEARLY HIGH

0.5562 HKD

YEARLY LOW

0.4023 HKD

YEARLY AVERAGE

0.4740 HKD

2020 ZAR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.5562. Conversely, the yearly low was recorded on April 5, dropping to 0.4023.

This high-to-low spread represents a total annual volatility of 0.1539 HKD. From a start-to-finish perspective, comparing the January average rate of 0.5397 to the December average rate of 0.5215, the exchange rate registered a net change of -3.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5562 was down 5.96% compared to the 2019 peak of 0.5915, 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 27,812 HKD

2019 Average 27,139 HKD

Yearly Trough Low 20,117 HKD

Transaction Impact: A difference of 7,695.05 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5520

0.4040

JanuMarcMayJulySeptNove

ZAR to HKD 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 0.4698, compared to 0.4781 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 0.4698

H2 Avg (Jul–Dec) 0.4781

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0763 HKD (High: 0.5091 / Low: 0.4328). On the other end, October was the most stable month, with a tight range of 0.0149 HKD (High: 0.4784 / Low: 0.4635).

March Spread (Volatile) ±0.0763

October Spread (Stable) ±0.0149

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 0.0502 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0502

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.5397) against the same month in 2019 (average: 0.5670), the exchange rate shifted by -0.0273 (-4.82%).

2020 Avg (January) 0.5397

2019 Avg (January) 0.5670

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5562	0.5175	0.5397
February	0.5261	0.4975	0.5166
March	0.5091	0.4328	0.4663
April	0.4300	0.4023	0.4164
May	0.4467	0.4098	0.4272
June	0.4690	0.4447	0.4528
July	0.4725	0.4514	0.4624
August	0.4677	0.4381	0.4502
September	0.4794	0.4518	0.4636
October	0.4784	0.4635	0.4716
November	0.5122	0.4763	0.4996
December	0.5334	0.5070	0.5215