YEARLY HIGH
0.7782 TJS
YEARLY LOW
0.5302 TJS
YEARLY AVERAGE
0.6303 TJS

2020 ZAR to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.7782. Conversely, the yearly low was recorded on April 5, dropping to 0.5302.

This high-to-low spread represents a total annual volatility of 0.2481 TJS. From a start-to-finish perspective, comparing the January average rate of 0.6730 to the December average rate of 0.7618, the exchange rate registered a net change of 13.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7782 was up 9.08% compared to the 2019 peak of 0.7134, 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 38,911 TJS
2019 Average 32,989 TJS
Yearly Trough Low 26,508 TJS
Transaction Impact: A difference of 12,403.02 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7831
0.5283
JanuMarcMayJulySeptNove

ZAR to TJS 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 0.6037, compared to 0.6569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0531 points.

H1 Avg (Jan–Jun) 0.6037
H2 Avg (Jul–Dec) 0.6569

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.1130 TJS (High: 0.7485 / Low: 0.6354). On the other end, October was the most stable month, with a tight range of 0.0205 TJS (High: 0.6376 / Low: 0.6171).

November Spread (Volatile) ±0.1130
October Spread (Stable) ±0.0205

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 February and March, when the average rate fell by 0.0543 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0543

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.7618) against the same month in 2019 (average: 0.6732), the exchange rate shifted by +0.0886 (+13.17%).

2020 Avg (December) 0.7618
2019 Avg (December) 0.6732

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6951 0.6459 0.6730
February 0.6570 0.6176 0.6441
March 0.6354 0.5448 0.5898
April 0.5675 0.5302 0.5496
May 0.5901 0.5381 0.5648
June 0.6228 0.5892 0.6014
July 0.6289 0.5994 0.6148
August 0.6226 0.5829 0.5993
September 0.6387 0.6017 0.6174
October 0.6376 0.6171 0.6283
November 0.7485 0.6354 0.7196
December 0.7782 0.7412 0.7618