YEARLY HIGH
0.4620 ZAR
YEARLY LOW
0.3798 ZAR
YEARLY AVERAGE
0.4214 ZAR

2021 NIO to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NIO to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.4620. Conversely, the yearly low was recorded on June 6, dropping to 0.3798.

This high-to-low spread represents a total annual volatility of 0.0822 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.4325 to the December average rate of 0.4495, the exchange rate registered a net change of 3.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4620 was down 18.72% compared to the 2020 peak of 0.5684, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,310 ZAR
2020 Average 2,394 ZAR
Yearly Trough Low 1,899 ZAR
Transaction Impact: A difference of 410.77 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4547
0.3915
JanuMarcMayJulySeptNove

NIO 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 0.4155, compared to 0.4273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0118 points.

H1 Avg (Jan–Jun) 0.4155
H2 Avg (Jul–Dec) 0.4273

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0383 ZAR (High: 0.4620 / Low: 0.4237). On the other end, April was the most stable month, with a tight range of 0.0147 ZAR (High: 0.4195 / Low: 0.4048).

November Spread (Volatile) ±0.0383
April Spread (Stable) ±0.0147

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 0.0157 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0157

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.4417) against the same month in 2020 (average: 0.4450), the exchange rate shifted by -0.0034 (-0.76%).

2021 Avg (November) 0.4417
2020 Avg (November) 0.4450

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4444 0.4184 0.4325
February 0.4332 0.4138 0.4227
March 0.4449 0.4185 0.4281
April 0.4195 0.4048 0.4124
May 0.4131 0.3899 0.4006
June 0.4108 0.3798 0.3968
July 0.4231 0.4039 0.4141
August 0.4368 0.4077 0.4212
September 0.4318 0.4029 0.4149
October 0.4332 0.4095 0.4227
November 0.4620 0.4237 0.4417
December 0.4583 0.4388 0.4495