YEARLY HIGH
7.6646 KES
YEARLY LOW
5.5002 KES
YEARLY AVERAGE
6.5014 KES

2020 ZAR to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 7.6646. Conversely, the yearly low was recorded on April 5, dropping to 5.5002.

This high-to-low spread represents a total annual volatility of 2.1644 KES. From a start-to-finish perspective, comparing the January average rate of 7.0184 to the December average rate of 7.4322, the exchange rate registered a net change of 5.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 7.6646 was up 0.92% compared to the 2019 peak of 7.5951, 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 383,231 KES
2019 Average 353,214 KES
Yearly Trough Low 275,012 KES
Transaction Impact: A difference of 108,219.43 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

7.6037
5.5461
JanuMarcMayJulySeptNove

ZAR to KES 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 6.2931, compared to 6.7098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4167 points.

H1 Avg (Jan–Jun) 6.2931
H2 Avg (Jul–Dec) 6.7098

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.9807 KES (High: 6.7414 / Low: 5.7607). On the other end, October was the most stable month, with a tight range of 0.2239 KES (High: 6.7187 / Low: 6.4948).

March Spread (Volatile) ±0.9807
October Spread (Stable) ±0.2239

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 March and April, when the average rate fell by 0.5113 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5113

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 7.4322) against the same month in 2019 (average: 7.0496), the exchange rate shifted by +0.3826 (+5.43%).

2020 Avg (December) 7.4322
2019 Avg (December) 7.0496

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.2623 6.6869 7.0184
February 6.8009 6.4577 6.6991
March 6.7414 5.7607 6.2288
April 5.9078 5.5002 5.7175
May 6.1663 5.6353 5.8795
June 6.4480 6.0993 6.2152
July 6.5719 6.2174 6.4020
August 6.5252 6.1103 6.2810
September 6.7044 6.3192 6.4862
October 6.7187 6.4948 6.6110
November 7.2622 6.6793 7.0462
December 7.6646 7.2306 7.4322