YEARLY HIGH
0.2920 MYR
YEARLY LOW
0.2262 MYR
YEARLY AVERAGE
0.2563 MYR

2020 ZAR to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2920. Conversely, the yearly low was recorded on April 5, dropping to 0.2262.

This high-to-low spread represents a total annual volatility of 0.0658 MYR. From a start-to-finish perspective, comparing the January average rate of 0.2831 to the December average rate of 0.2728, the exchange rate registered a net change of -3.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2920 was down 5.45% compared to the 2019 peak of 0.3088, 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 14,599 MYR
2019 Average 14,343 MYR
Yearly Trough Low 11,309 MYR
Transaction Impact: A difference of 3,290.04 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2881
0.2287
JanuMarcMayJulySeptNove

ZAR to MYR 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 0.2566, compared to 0.2560 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.2566
H2 Avg (Jul–Dec) 0.2560

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0325 MYR (High: 0.2739 / Low: 0.2413). On the other end, October was the most stable month, with a tight range of 0.0086 MYR (High: 0.2570 / Low: 0.2484).

March Spread (Volatile) ±0.0325
October Spread (Stable) ±0.0086

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 0.0241 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0241

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.2831) against the same month in 2019 (average: 0.2976), the exchange rate shifted by -0.0145 (-4.86%).

2020 Avg (January) 0.2831
2019 Avg (January) 0.2976

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2920 0.2729 0.2831
February 0.2792 0.2689 0.2763
March 0.2739 0.2413 0.2577
April 0.2401 0.2262 0.2336
May 0.2508 0.2272 0.2391
June 0.2573 0.2452 0.2497
July 0.2596 0.2484 0.2544
August 0.2513 0.2369 0.2433
September 0.2560 0.2422 0.2482
October 0.2570 0.2484 0.2526
November 0.2701 0.2552 0.2649
December 0.2786 0.2664 0.2728