YEARLY HIGH
1.4253 MXN
YEARLY LOW
1.2380 MXN
YEARLY AVERAGE
1.3045 MXN

2020 ZAR to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 1.4253. Conversely, the yearly low was recorded on February 18, dropping to 1.2380.

This high-to-low spread represents a total annual volatility of 0.1873 MXN. From a start-to-finish perspective, comparing the January average rate of 1.3055 to the December average rate of 1.3419, the exchange rate registered a net change of 2.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.4253 was down 1.03% compared to the 2019 peak of 1.4402, 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 71,267 MXN
2019 Average 66,649 MXN
Yearly Trough Low 61,900 MXN
Transaction Impact: A difference of 9,367.38 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.3509
1.2429
JanuMarcMayJulySeptNove

ZAR to MXN 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 1.2983, compared to 1.3108 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0125 points.

H1 Avg (Jan–Jun) 1.2983
H2 Avg (Jul–Dec) 1.3108

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1688 MXN (High: 1.4253 / Low: 1.2566). On the other end, November was the most stable month, with a tight range of 0.0213 MXN (High: 1.3229 / Low: 1.3016).

March Spread (Volatile) ±0.1688
November Spread (Stable) ±0.0213

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0536 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0536

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1.3358) against the same month in 2019 (average: 1.3379), the exchange rate shifted by -0.0021 (-0.16%).

2020 Avg (March) 1.3358
2019 Avg (March) 1.3379

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3501 1.2557 1.3055
February 1.2653 1.2380 1.2519
March 1.4253 1.2566 1.3358
April 1.3328 1.2582 1.3003
May 1.3230 1.2617 1.2913
June 1.3361 1.2671 1.3048
July 1.3592 1.3055 1.3360
August 1.3159 1.2640 1.2867
September 1.3217 1.2653 1.2935
October 1.3210 1.2776 1.2926
November 1.3229 1.3016 1.3140
December 1.3742 1.2996 1.3419