2020 ZAR to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 ZAR to KZT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the ZAR to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 28.8748. Conversely, the yearly low was recorded on May 3, dropping to 22.3711.
This high-to-low spread represents a total annual volatility of 6.5038 KZT. From a start-to-finish perspective, comparing the January average rate of 26.3307 to the December average rate of 28.3133, the exchange rate registered a net change of 7.53% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 28.8748 was up 0.38% compared to the 2019 peak of 28.7647, 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 KZT 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 24.3914, compared to 26.0891 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6977 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 2.4750 KZT (High: 26.3716 / Low: 23.8966). On the other end, October was the most stable month, with a tight range of 0.9392 KZT (High: 26.6403 / Low: 25.7011).
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 March and April, when the average rate fell by 1.7834 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 28.3133) against the same month in 2019 (average: 26.7025), the exchange rate shifted by +1.6107 (+6.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.4734 | 25.2864 | 26.3307 |
| February | 25.6910 | 24.1520 | 25.1083 |
| March | 26.3716 | 23.8966 | 25.0526 |
| April | 24.6330 | 22.5966 | 23.2692 |
| May | 23.7550 | 22.3711 | 23.0698 |
| June | 24.2565 | 23.0745 | 23.5181 |
| July | 25.2928 | 23.8635 | 24.6266 |
| August | 25.3652 | 23.7088 | 24.3955 |
| September | 26.2499 | 24.8118 | 25.4173 |
| October | 26.6403 | 25.7011 | 26.1446 |
| November | 28.0337 | 26.5944 | 27.6373 |
| December | 28.8748 | 27.6365 | 28.3133 |