2020 ZAR to KMF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 ZAR to KMF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the ZAR to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 1377.7498. Conversely, the yearly low was recorded on April 5, dropping to 23.6377.
This high-to-low spread represents a total annual volatility of 1354.1121 KMF. From a start-to-finish perspective, comparing the January average rate of 30.7898 to the December average rate of 70.7780, the exchange rate registered a net change of 129.87% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 1377.7498 was down 13.97% compared to the 2019 peak of 1601.4997, 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 KMF 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 27.0510, compared to 32.9789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.9279 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 1351.1536 KMF (High: 1377.7498 / Low: 26.5962). On the other end, October was the most stable month, with a tight range of 0.9567 KMF (High: 25.9492 / Low: 24.9925).
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 3.1755 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 70.7780) against the same month in 2019 (average: 30.8223), the exchange rate shifted by +39.9556 (+129.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 31.3252 | 29.6622 | 30.7898 |
| February | 30.4525 | 28.5682 | 29.9698 |
| March | 29.0528 | 24.9337 | 26.7943 |
| April | 25.0450 | 23.6377 | 24.3472 |
| May | 25.8258 | 23.7145 | 24.8675 |
| June | 26.1966 | 24.9959 | 25.5371 |
| July | 26.1213 | 24.5037 | 25.6648 |
| August | 24.9173 | 23.6923 | 24.1480 |
| September | 25.7638 | 24.4657 | 25.0002 |
| October | 25.9492 | 24.9925 | 25.4746 |
| November | 27.3323 | 25.9045 | 26.8076 |
| December | 1377.7498 | 26.5962 | 70.7780 |