YEARLY HIGH
2.5456 ZAR
YEARLY LOW
2.0990 ZAR
YEARLY AVERAGE
2.2926 ZAR

2021 CNY to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CNY to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 2.5456. Conversely, the yearly low was recorded on June 6, dropping to 2.0990.

This high-to-low spread represents a total annual volatility of 0.4466 ZAR. From a start-to-finish perspective, comparing the January average rate of 2.3349 to the December average rate of 2.4928, the exchange rate registered a net change of 6.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.5456 was down 6.31% compared to the 2020 peak of 2.7170, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 63,640 ZAR
2020 Average 59,627 ZAR
Yearly Trough Low 52,475 ZAR
Transaction Impact: A difference of 11,164.59 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.5254
2.1343
JanuMarcMayJulySeptNove

CNY 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 2.2475, compared to 2.3377 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0901 points.

H1 Avg (Jan–Jun) 2.2475
H2 Avg (Jul–Dec) 2.3377

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.2119 ZAR (High: 2.5456 / Low: 2.3337). On the other end, April was the most stable month, with a tight range of 0.0680 ZAR (High: 2.2398 / Low: 2.1718).

November Spread (Volatile) ±0.2119
April Spread (Stable) ±0.0680

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 0.0901 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0901

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 2.4350) against the same month in 2020 (average: 2.3507), the exchange rate shifted by +0.0842 (+3.58%).

2021 Avg (November) 2.4350
2020 Avg (November) 2.3507

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3945 2.2431 2.3349
February 2.3330 2.2373 2.2846
March 2.3803 2.2510 2.3013
April 2.2398 2.1718 2.2113
May 2.2388 2.1536 2.1861
June 2.2241 2.0990 2.1669
July 2.2905 2.1886 2.2400
August 2.3567 2.2127 2.2835
September 2.3450 2.1925 2.2577
October 2.3802 2.2536 2.3170
November 2.5456 2.3337 2.4350
December 2.5308 2.4391 2.4928