2020 ZAR to SGD Historical Review

YEARLY HIGH

0.0960 SGD

YEARLY LOW

0.0745 SGD

YEARLY AVERAGE

0.0842 SGD

2020 ZAR to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0960. Conversely, the yearly low was recorded on April 23, dropping to 0.0745.

This high-to-low spread represents a total annual volatility of 0.0215 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0938 to the December average rate of 0.0896, the exchange rate registered a net change of -4.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0960 was down 5.37% compared to the 2019 peak of 0.1015, 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 4,801 SGD

2019 Average 4,724 SGD

Yearly Trough Low 3,727 SGD

Transaction Impact: A difference of 1,074.46 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0955

0.0747

JanuMarcMayJulySeptNove

ZAR to SGD 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 0.0845, compared to 0.0839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0845

H2 Avg (Jul–Dec) 0.0839

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0112 SGD (High: 0.0907 / Low: 0.0795). On the other end, October was the most stable month, with a tight range of 0.0026 SGD (High: 0.0841 / Low: 0.0815).

March Spread (Volatile) ±0.0112

October Spread (Stable) ±0.0026

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 0.0085 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0938) against the same month in 2019 (average: 0.0981), the exchange rate shifted by -0.0043 (-4.36%).

2020 Avg (January) 0.0938

2019 Avg (January) 0.0981

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0960	0.0910	0.0938
February	0.0936	0.0889	0.0923
March	0.0907	0.0795	0.0850
April	0.0786	0.0745	0.0765
May	0.0818	0.0750	0.0782
June	0.0838	0.0800	0.0814
July	0.0843	0.0805	0.0828
August	0.0820	0.0777	0.0795
September	0.0839	0.0800	0.0817
October	0.0841	0.0815	0.0827
November	0.0886	0.0840	0.0868
December	0.0914	0.0875	0.0896