2020 ZAR to NIO Historical Review

YEARLY HIGH

2.4204 NIO

YEARLY LOW

1.7594 NIO

YEARLY AVERAGE

2.1021 NIO

2020 ZAR to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.4204. Conversely, the yearly low was recorded on April 5, dropping to 1.7594.

This high-to-low spread represents a total annual volatility of 0.6610 NIO. From a start-to-finish perspective, comparing the January average rate of 2.3567 to the December average rate of 2.3449, the exchange rate registered a net change of -0.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.4204 was down 1.45% compared to the 2019 peak of 2.4561, 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 121,018 NIO

2019 Average 115,108 NIO

Yearly Trough Low 87,968 NIO

Transaction Impact: A difference of 33,050.45 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.4092

1.7791

JanuMarcMayJulySeptNove

ZAR to NIO 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 2.0593, compared to 2.1449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0856 points.

H1 Avg (Jan–Jun) 2.0593

H2 Avg (Jul–Dec) 2.1449

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.3468 NIO (High: 2.2183 / Low: 1.8715). On the other end, October was the most stable month, with a tight range of 0.0662 NIO (High: 2.1472 / Low: 2.0809).

March Spread (Volatile) ±0.3468

October Spread (Stable) ±0.0662

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 February and March, when the average rate fell by 0.2188 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2188

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 2.3567) against the same month in 2019 (average: 2.3513), the exchange rate shifted by +0.0054 (+0.23%).

2020 Avg (January) 2.3567

2019 Avg (January) 2.3513

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4204	2.2756	2.3567
February	2.2970	2.1794	2.2585
March	2.2183	1.8715	2.0397
April	1.8978	1.7594	1.8316
May	1.9475	1.8189	1.8734
June	2.0570	1.9485	1.9961
July	2.1118	2.0036	2.0630
August	2.1036	1.9578	2.0195
September	2.1525	2.0254	2.0793
October	2.1472	2.0809	2.1148
November	2.3033	2.1331	2.2478
December	2.4014	2.2785	2.3449