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2021 ZAR to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the ZAR to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 40.1633. Conversely, the yearly low was recorded on January 7, dropping to 34.6368.
This high-to-low spread represents a total annual volatility of 5.5265 XAF. From a start-to-finish perspective, comparing the January average rate of 35.6701 to the December average rate of 36.5422, the exchange rate registered a net change of 2.44% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 40.1633 was down 3.77% compared to the 2020 peak of 41.7349, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
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ZAR to XAF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 37.4651, compared to 37.6186 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 0.1535 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 2.3366 XAF (High: 37.9436 / Low: 35.6070). On the other end, April was the most stable month, with a tight range of 1.0508 XAF (High: 38.6843 / Low: 37.6334).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.0391 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2021: 39.1544) against the same month in 2020 (average: 34.0470), the exchange rate shifted by +5.1074 (+15.00%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 36.8659 | 34.6368 | 35.6701 |
| February | 37.4192 | 35.8950 | 36.7284 |
| March | 37.8317 | 35.6313 | 36.7937 |
| April | 38.6843 | 37.6334 | 38.0180 |
| May | 39.0944 | 37.6486 | 38.4262 |
| June | 40.1633 | 38.4053 | 39.1544 |
| July | 38.9497 | 37.5143 | 38.2380 |
| August | 38.6017 | 36.5995 | 37.6820 |
| September | 39.2593 | 37.1539 | 38.2383 |
| October | 39.0632 | 37.1229 | 38.0252 |
| November | 37.9436 | 35.6070 | 36.9861 |
| December | 37.2570 | 35.9279 | 36.5422 |