2020 ZAR to KWD Historical Review

YEARLY HIGH

0.0217 KWD

YEARLY LOW

0.0161 KWD

YEARLY AVERAGE

0.0187 KWD

2020 ZAR to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0217. Conversely, the yearly low was recorded on April 5, dropping to 0.0161.

This high-to-low spread represents a total annual volatility of 0.0055 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0211 to the December average rate of 0.0205, the exchange rate registered a net change of -2.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0217 was down 5.12% compared to the 2019 peak of 0.0229, 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 1,084 KWD

2019 Average 1,052 KWD

Yearly Trough Low 807 KWD

Transaction Impact: A difference of 277.13 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0215

0.0163

JanuMarcMayJulySeptNove

ZAR to KWD 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 0.0186, compared to 0.0189 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0186

H2 Avg (Jul–Dec) 0.0189

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0025 KWD (High: 0.0200 / Low: 0.0175). On the other end, October was the most stable month, with a tight range of 0.0005 KWD (High: 0.0189 / Low: 0.0183).

March Spread (Volatile) ±0.0025

October Spread (Stable) ±0.0005

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 0.0018 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0211) against the same month in 2019 (average: 0.0219), the exchange rate shifted by -0.0008 (-3.88%).

2020 Avg (January) 0.0211

2019 Avg (January) 0.0219

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0217	0.0202	0.0211
February	0.0206	0.0195	0.0203
March	0.0200	0.0175	0.0186
April	0.0173	0.0161	0.0167
May	0.0178	0.0164	0.0170
June	0.0186	0.0176	0.0180
July	0.0187	0.0179	0.0183
August	0.0184	0.0173	0.0178
September	0.0189	0.0179	0.0183
October	0.0189	0.0183	0.0186
November	0.0202	0.0188	0.0197
December	0.0209	0.0200	0.0205