YEARLY HIGH
21.1852 HUF
YEARLY LOW
16.6046 HUF
YEARLY AVERAGE
18.7833 HUF

2020 ZAR to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 21.1852. Conversely, the yearly low was recorded on August 10, dropping to 16.6046.

This high-to-low spread represents a total annual volatility of 4.5806 HUF. From a start-to-finish perspective, comparing the January average rate of 20.8884 to the December average rate of 19.8348, the exchange rate registered a net change of -5.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 21.1852 was up 0.23% compared to the 2019 peak of 21.1371, 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 1,059,258 HUF
2019 Average 1,006,114 HUF
Yearly Trough Low 830,230 HUF
Transaction Impact: A difference of 229,028.29 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

21.2648
16.7480
JanuMarcMayJulySeptNove

ZAR to HUF 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 18.9245, compared to 18.6420 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2825 points.

H1 Avg (Jan–Jun) 18.9245
H2 Avg (Jul–Dec) 18.6420

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.8627 HUF (High: 19.7526 / Low: 17.8900). On the other end, June was the most stable month, with a tight range of 0.6604 HUF (High: 18.3890 / Low: 17.7286).

March Spread (Volatile) ±1.8627
June Spread (Stable) ±0.6604

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 1.8082 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.8082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 20.8884) against the same month in 2019 (average: 20.2376), the exchange rate shifted by +0.6508 (+3.22%).

2020 Avg (January) 20.8884
2019 Avg (January) 20.2376

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.1852 20.2547 20.8884
February 21.0029 19.5775 20.5421
March 19.7526 17.8900 18.7339
April 18.1681 17.1792 17.6227
May 18.2803 17.0675 17.7156
June 18.3890 17.7286 18.0445
July 18.6833 17.1162 18.2758
August 17.9339 16.6046 17.1244
September 18.8237 17.8794 18.2896
October 19.3617 18.2675 18.7424
November 20.0123 19.2161 19.5851
December 20.3741 19.3177 19.8348