YEARLY HIGH
2.6326 NIO
YEARLY LOW
2.1645 NIO
YEARLY AVERAGE
2.3765 NIO

2021 ZAR to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 2.6326. Conversely, the yearly low was recorded on November 27, dropping to 2.1645.

This high-to-low spread represents a total annual volatility of 0.4681 NIO. From a start-to-finish perspective, comparing the January average rate of 2.3123 to the December average rate of 2.2253, the exchange rate registered a net change of -3.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.6326 was up 8.77% compared to the 2020 peak of 2.4204, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 131,632 NIO
2020 Average 105,097 NIO
Yearly Trough Low 108,225 NIO
Transaction Impact: A difference of 23,407.06 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.5516
2.1956
JanuMarcMayJulySeptNove

ZAR to NIO 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 2.4099, compared to 2.3431 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0669 points.

H1 Avg (Jan–Jun) 2.4099
H2 Avg (Jul–Dec) 2.3431

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.1986 NIO (High: 2.6326 / Low: 2.4341). On the other end, April was the most stable month, with a tight range of 0.0866 NIO (High: 2.4703 / Low: 2.3837).

June Spread (Volatile) ±0.1986
April Spread (Stable) ±0.0866

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 0.1067 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 2.5220) against the same month in 2020 (average: 1.9961), the exchange rate shifted by +0.5259 (+26.35%).

2021 Avg (June) 2.5220
2020 Avg (June) 1.9961

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3899 2.2502 2.3123
February 2.4166 2.3083 2.3663
March 2.3893 2.2476 2.3366
April 2.4703 2.3837 2.4253
May 2.5646 2.4210 2.4971
June 2.6326 2.4341 2.5220
July 2.4757 2.3637 2.4153
August 2.4527 2.2892 2.3748
September 2.4819 2.3156 2.4114
October 2.4423 2.3086 2.3660
November 2.3604 2.1645 2.2656
December 2.2790 2.1819 2.2253