YEARLY HIGH
82.4419 KRW
YEARLY LOW
64.1725 KRW
YEARLY AVERAGE
71.9376 KRW

2020 ZAR to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 82.4419. Conversely, the yearly low was recorded on April 5, dropping to 64.1725.

This high-to-low spread represents a total annual volatility of 18.2694 KRW. From a start-to-finish perspective, comparing the January average rate of 80.9485 to the December average rate of 73.6068, the exchange rate registered a net change of -9.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 82.4419 was down 2.87% compared to the 2019 peak of 84.8807, 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 4,122,095 KRW
2019 Average 4,033,631 KRW
Yearly Trough Low 3,208,627 KRW
Transaction Impact: A difference of 913,468.56 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

82.4765
64.1401
JanuMarcMayJulySeptNove

ZAR to KRW 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 72.8700, compared to 71.0052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8648 points.

H1 Avg (Jan–Jun) 72.8700
H2 Avg (Jul–Dec) 71.0052

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 9.9276 KRW (High: 77.6244 / Low: 67.6968). On the other end, October was the most stable month, with a tight range of 2.0005 KRW (High: 70.7945 / Low: 68.7939).

March Spread (Volatile) ±9.9276
October Spread (Stable) ±2.0005

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 7.3092 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -7.3092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 80.9485) against the same month in 2019 (average: 81.0409), the exchange rate shifted by -0.0924 (-0.11%).

2020 Avg (January) 80.9485
2019 Avg (January) 81.0409

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 82.4419 79.6948 80.9485
February 80.5368 76.6020 79.3813
March 77.6244 67.6968 72.9773
April 67.6742 64.1725 65.6681
May 71.3395 64.7388 67.7429
June 72.1348 69.1417 70.5021
July 72.8789 69.6972 71.5284
August 71.2376 67.0512 68.9666
September 72.3447 68.2544 70.4549
October 70.7945 68.7939 69.6217
November 73.1154 69.8316 71.8528
December 75.7368 71.2069 73.6068