YEARLY HIGH
0.2012 ZAR
YEARLY LOW
0.1356 ZAR
YEARLY AVERAGE
0.1783 ZAR

2021 AFN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AFN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.2012. Conversely, the yearly low was recorded on December 15, dropping to 0.1356.

This high-to-low spread represents a total annual volatility of 0.0655 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1955 to the December average rate of 0.1562, the exchange rate registered a net change of -20.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2012 was down 20.52% compared to the 2020 peak of 0.2531, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AFN based on timing:

Yearly Peak High 1,006 ZAR
2020 Average 1,072 ZAR
Yearly Trough Low 678 ZAR
Transaction Impact: A difference of 327.66 ZAR purely based on transaction execution date.

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0.1995
0.1523
JanuMarcMayJulySeptNove

AFN to ZAR 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 0.1872, compared to 0.1695 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0178 points.

H1 Avg (Jan–Jun) 0.1872
H2 Avg (Jul–Dec) 0.1695

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0324 ZAR (High: 0.1681 / Low: 0.1356). On the other end, April was the most stable month, with a tight range of 0.0072 ZAR (High: 0.1898 / Low: 0.1826).

December Spread (Volatile) Âą0.0324
April Spread (Stable) Âą0.0072

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0116 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.1955) against the same month in 2020 (average: 0.1866), the exchange rate shifted by +0.0089 (+4.78%).

2021 Avg (January) 0.1955
2020 Avg (January) 0.1866

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Month High Low Average
January 0.2012 0.1889 0.1955
February 0.1951 0.1869 0.1910
March 0.2002 0.1890 0.1935
April 0.1898 0.1826 0.1856
May 0.1863 0.1751 0.1807
June 0.1828 0.1711 0.1770
July 0.1865 0.1736 0.1814
August 0.1853 0.1690 0.1781
September 0.1727 0.1621 0.1682
October 0.1684 0.1602 0.1651
November 0.1722 0.1637 0.1678
December 0.1681 0.1356 0.1562