YEARLY HIGH
0.1929 XCD
YEARLY LOW
0.1402 XCD
YEARLY AVERAGE
0.1651 XCD

2020 ZAR to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1929. Conversely, the yearly low was recorded on April 5, dropping to 0.1402.

This high-to-low spread represents a total annual volatility of 0.0527 XCD. From a start-to-finish perspective, comparing the January average rate of 0.1876 to the December average rate of 0.1818, the exchange rate registered a net change of -3.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1929 was down 5.31% compared to the 2019 peak of 0.2037, 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 9,645 XCD
2019 Average 9,361 XCD
Yearly Trough Low 7,012 XCD
Transaction Impact: A difference of 2,633.12 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1919
0.1409
JanuMarcMayJulySeptNove

ZAR to XCD 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 0.1636, compared to 0.1667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.1636
H2 Avg (Jul–Dec) 0.1667

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0262 XCD (High: 0.1770 / Low: 0.1508). On the other end, October was the most stable month, with a tight range of 0.0052 XCD (High: 0.1668 / Low: 0.1616).

March Spread (Volatile) ±0.0262
October Spread (Stable) ±0.0052

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 0.0173 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.1876) against the same month in 2019 (average: 0.1954), the exchange rate shifted by -0.0078 (-3.99%).

2020 Avg (January) 0.1876
2019 Avg (January) 0.1954

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1929 0.1801 0.1876
February 0.1831 0.1725 0.1796
March 0.1770 0.1508 0.1623
April 0.1499 0.1402 0.1452
May 0.1557 0.1429 0.1489
June 0.1635 0.1551 0.1579
July 0.1647 0.1574 0.1612
August 0.1631 0.1528 0.1570
September 0.1672 0.1576 0.1617
October 0.1668 0.1616 0.1644
November 0.1786 0.1660 0.1742
December 0.1860 0.1767 0.1818