2021 DJF to ZAR Historical Review

YEARLY HIGH

0.0914 ZAR

YEARLY LOW

0.0754 ZAR

YEARLY AVERAGE

0.0831 ZAR

2021 DJF to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DJF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.0914. Conversely, the yearly low was recorded on June 6, dropping to 0.0754.

This high-to-low spread represents a total annual volatility of 0.0160 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0849 to the December average rate of 0.0892, the exchange rate registered a net change of 5.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0914 was down 15.56% compared to the 2020 peak of 0.1083, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 457 ZAR

2020 Average 463 ZAR

Yearly Trough Low 377 ZAR

Transaction Impact: A difference of 80.08 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0903

0.0771

JanuMarcMayJulySeptNove

DJF 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 0.0817, compared to 0.0844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0817

H2 Avg (Jul–Dec) 0.0844

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0076 ZAR (High: 0.0914 / Low: 0.0839). On the other end, April was the most stable month, with a tight range of 0.0028 ZAR (High: 0.0824 / Low: 0.0796).

November Spread (Volatile) ±0.0076

April Spread (Stable) ±0.0028

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 0.0031 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0874) against the same month in 2020 (average: 0.0872), the exchange rate shifted by +0.0002 (+0.25%).

2021 Avg (November) 0.0874

2020 Avg (November) 0.0872

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0871	0.0819	0.0849
February	0.0849	0.0811	0.0830
March	0.0872	0.0823	0.0842
April	0.0824	0.0796	0.0811
May	0.0813	0.0771	0.0790
June	0.0806	0.0754	0.0782
July	0.0834	0.0798	0.0815
August	0.0862	0.0804	0.0831
September	0.0852	0.0795	0.0819
October	0.0856	0.0809	0.0836
November	0.0914	0.0839	0.0874
December	0.0907	0.0872	0.0892