YEARLY HIGH
0.2599 QAR
YEARLY LOW
0.1893 QAR
YEARLY AVERAGE
0.2225 QAR

2020 ZAR to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2599. Conversely, the yearly low was recorded on April 5, dropping to 0.1893.

This high-to-low spread represents a total annual volatility of 0.0706 QAR. From a start-to-finish perspective, comparing the January average rate of 0.2528 to the December average rate of 0.2450, the exchange rate registered a net change of -3.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2599 was down 5.32% compared to the 2019 peak of 0.2745, 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 12,995 QAR
2019 Average 12,611 QAR
Yearly Trough Low 9,463 QAR
Transaction Impact: A difference of 3,531.42 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2585
0.1899
JanuMarcMayJulySeptNove

ZAR to QAR 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 0.2204, compared to 0.2246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.2204
H2 Avg (Jul–Dec) 0.2246

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0357 QAR (High: 0.2385 / Low: 0.2028). On the other end, October was the most stable month, with a tight range of 0.0070 QAR (High: 0.2247 / Low: 0.2178).

March Spread (Volatile) ±0.0357
October Spread (Stable) ±0.0070

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 0.0233 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0233

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.2528) against the same month in 2019 (average: 0.2633), the exchange rate shifted by -0.0105 (-3.99%).

2020 Avg (January) 0.2528
2019 Avg (January) 0.2633

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2599 0.2426 0.2528
February 0.2467 0.2324 0.2419
March 0.2385 0.2028 0.2186
April 0.2019 0.1893 0.1956
May 0.2097 0.1922 0.2007
June 0.2203 0.2089 0.2127
July 0.2219 0.2121 0.2172
August 0.2197 0.2058 0.2116
September 0.2252 0.2123 0.2178
October 0.2247 0.2178 0.2215
November 0.2406 0.2237 0.2346
December 0.2505 0.2381 0.2450