2020 ZAR to SZL Historical Review

YEARLY HIGH

1.0251 SZL

YEARLY LOW

0.9619 SZL

YEARLY AVERAGE

0.9993 SZL

2020 ZAR to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 7, valuing the pair at 1.0251. Conversely, the yearly low was recorded on May 3, dropping to 0.9619.

This high-to-low spread represents a total annual volatility of 0.0632 SZL. From a start-to-finish perspective, comparing the January average rate of 0.9966 to the December average rate of 1.0021, the exchange rate registered a net change of 0.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.0251 was down 0.17% compared to the 2019 peak of 1.0269, 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 51,254 SZL

2019 Average 49,987 SZL

Yearly Trough Low 48,093 SZL

Transaction Impact: A difference of 3,161.42 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.0027

0.9949

JanuMarcMayJulySeptNove

ZAR to SZL 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 0.9978, compared to 1.0008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.9978

H2 Avg (Jul–Dec) 1.0008

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0586 SZL (High: 1.0204 / Low: 0.9619). On the other end, October was the most stable month, with a tight range of 0.0184 SZL (High: 1.0096 / Low: 0.9912).

May Spread (Volatile) ±0.0586

October Spread (Stable) ±0.0184

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.9965) against the same month in 2019 (average: 0.9996), the exchange rate shifted by -0.0031 (-0.31%).

2020 Avg (April) 0.9965

2019 Avg (April) 0.9996

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0074	0.9799	0.9966
February	1.0052	0.9759	0.9956
March	1.0127	0.9673	0.9965
April	1.0251	0.9715	0.9965
May	1.0204	0.9619	1.0011
June	1.0174	0.9730	1.0003
July	1.0119	0.9754	0.9997
August	1.0090	0.9754	0.9989
September	1.0213	0.9846	1.0012
October	1.0096	0.9912	1.0018
November	1.0229	0.9821	1.0010
December	1.0122	0.9934	1.0021