YEARLY HIGH
2.0180 ZAR
YEARLY LOW
1.6813 ZAR
YEARLY AVERAGE
1.8434 ZAR

2021 SBD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SBD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 2.0180. Conversely, the yearly low was recorded on June 6, dropping to 1.6813.

This high-to-low spread represents a total annual volatility of 0.3366 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.8886 to the December average rate of 1.9632, the exchange rate registered a net change of 3.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.0180 was down 13.11% compared to the 2020 peak of 2.3225, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,090 ZAR
2020 Average 10,000 ZAR
Yearly Trough Low 8,407 ZAR
Transaction Impact: A difference of 1,683.19 ZAR purely based on transaction execution date.

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1.9854
1.7191
JanuMarcMayJulySeptNove

SBD 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 1.8208, compared to 1.8661 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0453 points.

H1 Avg (Jan–Jun) 1.8208
H2 Avg (Jul–Dec) 1.8661

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1613 ZAR (High: 2.0180 / Low: 1.8566). On the other end, April was the most stable month, with a tight range of 0.0605 ZAR (High: 1.8355 / Low: 1.7749).

November Spread (Volatile) Âą0.1613
April Spread (Stable) Âą0.0605

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 0.0721 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0721

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 1.9346) against the same month in 2020 (average: 1.9231), the exchange rate shifted by +0.0115 (+0.60%).

2021 Avg (November) 1.9346
2020 Avg (November) 1.9231

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Month High Low Average
January 1.9393 1.8269 1.8886
February 1.8938 1.8088 1.8453
March 1.9460 1.8445 1.8789
April 1.8355 1.7749 1.8067
May 1.8210 1.7221 1.7637
June 1.7948 1.6813 1.7413
July 1.8445 1.7646 1.8044
August 1.9030 1.7774 1.8370
September 1.8823 1.7569 1.8092
October 1.8983 1.7889 1.8480
November 2.0180 1.8566 1.9346
December 1.9986 1.9185 1.9632