YEARLY HIGH
2.1463 THB
YEARLY LOW
1.6936 THB
YEARLY AVERAGE
1.9086 THB

2020 ZAR to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.1463. Conversely, the yearly low was recorded on April 23, dropping to 1.6936.

This high-to-low spread represents a total annual volatility of 0.4527 THB. From a start-to-finish perspective, comparing the January average rate of 2.1118 to the December average rate of 2.0222, the exchange rate registered a net change of -4.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.1463 was down 8.86% compared to the 2019 peak of 2.3550, 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 107,316 THB
2019 Average 107,532 THB
Yearly Trough Low 84,682 THB
Transaction Impact: A difference of 22,634.14 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.1477
1.7173
JanuMarcMayJulySeptNove

ZAR to THB 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 1.9093, compared to 1.9079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 1.9093
H2 Avg (Jul–Dec) 1.9079

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2352 THB (High: 2.0524 / Low: 1.8172). On the other end, October was the most stable month, with a tight range of 0.0617 THB (High: 1.9324 / Low: 1.8707).

March Spread (Volatile) ±0.2352
October Spread (Stable) ±0.0617

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 0.1703 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1703

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 2.1118) against the same month in 2019 (average: 2.2993), the exchange rate shifted by -0.1875 (-8.15%).

2020 Avg (January) 2.1118
2019 Avg (January) 2.2993

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1463 2.0796 2.1118
February 2.1078 2.0120 2.0819
March 2.0524 1.8172 1.9235
April 1.8131 1.6936 1.7532
May 1.8386 1.7169 1.7665
June 1.8856 1.7716 1.8190
July 1.9208 1.8189 1.8740
August 1.8768 1.7585 1.8134
September 1.9276 1.8417 1.8755
October 1.9324 1.8707 1.9015
November 2.0017 1.9168 1.9608
December 2.0690 1.9763 2.0222