YEARLY HIGH
0.9167 ZAR
YEARLY LOW
0.7625 ZAR
YEARLY AVERAGE
0.8385 ZAR

2021 MDL to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MDL to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.9167. Conversely, the yearly low was recorded on June 6, dropping to 0.7625.

This high-to-low spread represents a total annual volatility of 0.1542 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.8765 to the December average rate of 0.8955, the exchange rate registered a net change of 2.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9167 was down 14.93% compared to the 2020 peak of 1.0776, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,584 ZAR
2020 Average 4,778 ZAR
Yearly Trough Low 3,812 ZAR
Transaction Impact: A difference of 771.20 ZAR purely based on transaction execution date.

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0.9067
0.7725
JanuMarcMayJulySeptNove

MDL 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 0.8260, compared to 0.8510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0250 points.

H1 Avg (Jan–Jun) 0.8260
H2 Avg (Jul–Dec) 0.8510

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.0664 ZAR (High: 0.8703 / Low: 0.8039). On the other end, April was the most stable month, with a tight range of 0.0263 ZAR (High: 0.8179 / Low: 0.7917).

August Spread (Volatile) Âą0.0664
April Spread (Stable) Âą0.0263

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0406 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0406

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.8835) against the same month in 2020 (average: 0.9068), the exchange rate shifted by -0.0234 (-2.58%).

2021 Avg (November) 0.8835
2020 Avg (November) 0.9068

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Month High Low Average
January 0.9028 0.8491 0.8765
February 0.8726 0.8323 0.8482
March 0.8868 0.8214 0.8468
April 0.8179 0.7917 0.8062
May 0.8159 0.7791 0.7945
June 0.8068 0.7625 0.7837
July 0.8256 0.7858 0.8065
August 0.8703 0.8039 0.8372
September 0.8605 0.8072 0.8287
October 0.8758 0.8297 0.8547
November 0.9167 0.8524 0.8835
December 0.9102 0.8725 0.8955