YEARLY HIGH
28.8748 KZT
YEARLY LOW
22.3711 KZT
YEARLY AVERAGE
25.2403 KZT

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.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 1,443,742 KZT
2019 Average 1,326,441 KZT
Yearly Trough Low 1,118,555 KZT
Transaction Impact: A difference of 325,187.93 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

28.8376
22.5454
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 24.3914
H2 Avg (Jul–Dec) 26.0891

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±2.4750
October Spread (Stable) ±0.9392

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 1.7834 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.7834

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (December) 28.3133
2019 Avg (December) 26.7025

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