YEARLY HIGH
0.1874 WST
YEARLY LOW
0.1447 WST
YEARLY AVERAGE
0.1624 WST

2020 ZAR to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1874. Conversely, the yearly low was recorded on April 23, dropping to 0.1447.

This high-to-low spread represents a total annual volatility of 0.0427 WST. From a start-to-finish perspective, comparing the January average rate of 0.1827 to the December average rate of 0.1715, the exchange rate registered a net change of -6.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1874 was down 4.48% compared to the 2019 peak of 0.1962, 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 9,370 WST
2019 Average 9,105 WST
Yearly Trough Low 7,234 WST
Transaction Impact: A difference of 2,135.84 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1860
0.1458
JanuMarcMayJulySeptNove

ZAR to WST 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 0.1638, compared to 0.1610 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.1638
H2 Avg (Jul–Dec) 0.1610

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0241 WST (High: 0.1756 / Low: 0.1515). On the other end, October was the most stable month, with a tight range of 0.0046 WST (High: 0.1623 / Low: 0.1577).

March Spread (Volatile) ±0.0241
October Spread (Stable) ±0.0046

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 0.0147 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.1827) against the same month in 2019 (average: 0.1888), the exchange rate shifted by -0.0061 (-3.23%).

2020 Avg (January) 0.1827
2019 Avg (January) 0.1888

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1874 0.1760 0.1827
February 0.1808 0.1709 0.1778
March 0.1756 0.1515 0.1631
April 0.1553 0.1447 0.1492
May 0.1590 0.1461 0.1523
June 0.1640 0.1530 0.1578
July 0.1617 0.1527 0.1582
August 0.1590 0.1477 0.1522
September 0.1609 0.1522 0.1566
October 0.1623 0.1577 0.1602
November 0.1700 0.1616 0.1673
December 0.1752 0.1681 0.1715