YEARLY HIGH
3855.7827 IRR
YEARLY LOW
2184.9935 IRR
YEARLY AVERAGE
2576.7838 IRR

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.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 192,789,133 IRR
2019 Average 146,015,312 IRR
Yearly Trough Low 109,249,676 IRR
Transaction Impact: A difference of 83,539,456.65 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2989.3733
2195.4256
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 2548.7024
H2 Avg (Jul–Dec) 2604.8653

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±1389.0084
October Spread (Stable) ±80.8675

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 268.3316 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -268.3316

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (July) 2557.0724
2019 Avg (July) 2993.8206

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