YEARLY HIGH
694.6099 SLL
YEARLY LOW
394.5494 SLL
YEARLY AVERAGE
562.4470 SLL

2020 ZAR to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 694.6099. Conversely, the yearly low was recorded on April 5, dropping to 394.5494.

This high-to-low spread represents a total annual volatility of 300.0605 SLL. From a start-to-finish perspective, comparing the January average rate of 519.8427 to the December average rate of 681.2131, the exchange rate registered a net change of 31.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 694.6099 was up 7.18% compared to the 2019 peak of 648.0581, 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 34,730,496 SLL
2019 Average 27,728,064 SLL
Yearly Trough Low 19,727,469 SLL
Transaction Impact: A difference of 15,003,027.09 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

703.6790
434.0880
JanuMarcMayJulySeptNove

ZAR to SLL 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 512.0159, compared to 612.8782 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 100.8623 points.

H1 Avg (Jan–Jun) 512.0159
H2 Avg (Jul–Dec) 612.8782

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 140.8073 SLL (High: 535.3566 / Low: 394.5494). On the other end, July was the most stable month, with a tight range of 26.2115 SLL (High: 594.8027 / Low: 568.5911).

April Spread (Volatile) ±140.8073
July Spread (Stable) ±26.2115

Growth Streaks & Declines

Trends

Between March and July, 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 47.0013 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -47.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 681.2131) against the same month in 2019 (average: 519.7268), the exchange rate shifted by +161.4863 (+31.07%).

2020 Avg (December) 681.2131
2019 Avg (December) 519.7268

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 534.4976 498.7522 519.8427
February 513.4722 485.4759 503.5552
March 498.1122 424.3808 456.5539
April 535.3566 394.5494 484.4668
May 561.9368 512.9819 538.5169
June 590.0136 558.1103 569.1597
July 594.8027 568.5911 582.4318
August 596.5525 555.4291 572.0018
September 609.2983 571.6305 589.6901
October 615.0483 586.6874 602.1681
November 683.1339 611.8412 649.7643
December 694.6099 662.6503 681.2131