2020 ZAR to PEN Historical Review

YEARLY HIGH

0.2477 PEN

YEARLY LOW

0.1765 PEN

YEARLY AVERAGE

0.2135 PEN

2020 ZAR to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.2477. Conversely, the yearly low was recorded on April 23, dropping to 0.1765.

This high-to-low spread represents a total annual volatility of 0.0712 PEN. From a start-to-finish perspective, comparing the January average rate of 0.2309 to the December average rate of 0.2422, the exchange rate registered a net change of 4.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2477 was down 1.44% compared to the 2019 peak of 0.2513, 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 12,383 PEN

2019 Average 11,554 PEN

Yearly Trough Low 8,824 PEN

Transaction Impact: A difference of 3,559.27 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2482

0.1767

JanuMarcMayJulySeptNove

ZAR to PEN 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 0.2066, compared to 0.2205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0139 points.

H1 Avg (Jan–Jun) 0.2066

H2 Avg (Jul–Dec) 0.2205

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0359 PEN (High: 0.2242 / Low: 0.1882). On the other end, October was the most stable month, with a tight range of 0.0079 PEN (High: 0.2225 / Low: 0.2147).

March Spread (Volatile) ±0.0359

October Spread (Stable) ±0.0079

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 0.0268 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0268

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.2422) against the same month in 2019 (average: 0.2329), the exchange rate shifted by +0.0093 (+3.98%).

2020 Avg (December) 0.2422

2019 Avg (December) 0.2329

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2379	0.2256	0.2309
February	0.2291	0.2205	0.2253
March	0.2242	0.1882	0.2094
April	0.1887	0.1765	0.1827
May	0.1981	0.1775	0.1883
June	0.2074	0.1970	0.2030
July	0.2150	0.2064	0.2098
August	0.2151	0.2010	0.2068
September	0.2185	0.2075	0.2127
October	0.2225	0.2147	0.2188
November	0.2392	0.2221	0.2325
December	0.2477	0.2356	0.2422