YEARLY HIGH
36.7629 SYP
YEARLY LOW
26.7007 SYP
YEARLY AVERAGE
31.3642 SYP

2020 ZAR to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 36.7629. Conversely, the yearly low was recorded on April 5, dropping to 26.7007.

This high-to-low spread represents a total annual volatility of 10.0622 SYP. From a start-to-finish perspective, comparing the January average rate of 35.7522 to the December average rate of 34.4984, the exchange rate registered a net change of -3.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 36.7629 was down 5.31% compared to the 2019 peak of 38.8243, 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 1,838,146 SYP
2019 Average 1,784,059 SYP
Yearly Trough Low 1,335,037 SYP
Transaction Impact: A difference of 503,108.91 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

36.5694
26.7633
JanuMarcMayJulySeptNove

ZAR to SYP 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 31.1216, compared to 31.6069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4853 points.

H1 Avg (Jan–Jun) 31.1216
H2 Avg (Jul–Dec) 31.6069

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 5.0256 SYP (High: 33.7382 / Low: 28.7127). On the other end, October was the most stable month, with a tight range of 1.0241 SYP (High: 31.6350 / Low: 30.6108).

March Spread (Volatile) ±5.0256
October Spread (Stable) ±1.0241

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 3.3332 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.3332

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 35.7522) against the same month in 2019 (average: 37.2389), the exchange rate shifted by -1.4867 (-3.99%).

2020 Avg (January) 35.7522
2019 Avg (January) 37.2389

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.7629 34.3179 35.7522
February 34.8961 32.8695 34.2165
March 33.7382 28.7127 30.9137
April 28.5007 26.7007 27.5805
May 29.5488 27.1527 28.2824
June 31.0514 29.4395 29.9841
July 31.2653 29.8772 30.5919
August 30.8693 28.9270 29.7307
September 31.6389 29.8361 30.5967
October 31.6350 30.6108 31.1748
November 33.8952 31.4960 33.0486
December 35.2863 33.5445 34.4984