2020 ZAR to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 ZAR to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the ZAR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 3855.7827. Conversely, the yearly low was recorded on April 5, dropping to 2184.9935.
This high-to-low spread represents a total annual volatility of 1670.7891 IRR. From a start-to-finish perspective, comparing the January average rate of 2923.2110 to the December average rate of 2832.2579, 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 3855.7827 was up 21.48% compared to the 2019 peak of 3174.1102, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
ZAR to IRR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 2548.7024, compared to 2604.8653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 56.1629 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 1389.0084 IRR (High: 3855.7827 / Low: 2466.7743). On the other end, October was the most stable month, with a tight range of 80.8675 IRR (High: 2598.9586 / Low: 2518.0910).
Growth Streaks & Declines
TrendsBetween 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 268.3316 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2020: 2557.0724) against the same month in 2019 (average: 2993.8206), the exchange rate shifted by -436.7482 (-14.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3005.4606 | 2808.0979 | 2923.2110 |
| February | 2853.0095 | 2686.8353 | 2797.6348 |
| March | 2758.2163 | 2350.1985 | 2529.3033 |
| April | 2335.1450 | 2184.9935 | 2261.5879 |
| May | 2425.4584 | 2225.6851 | 2320.5155 |
| June | 2547.9510 | 2415.9112 | 2459.9617 |
| July | 3855.7827 | 2466.7743 | 2557.0724 |
| August | 2540.6010 | 2379.9694 | 2445.8074 |
| September | 2604.2151 | 2454.7323 | 2518.4882 |
| October | 2598.9586 | 2518.0910 | 2561.9151 |
| November | 2782.2938 | 2586.7630 | 2713.6509 |
| December | 2897.1995 | 2753.6328 | 2832.2579 |