YEARLY HIGH
0.0384 ZAR
YEARLY LOW
0.0067 ZAR
YEARLY AVERAGE
0.0354 ZAR

2021 KMF to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KMF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0384. Conversely, the yearly low was recorded on December 5, dropping to 0.0067.

This high-to-low spread represents a total annual volatility of 0.0317 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0374 to the December average rate of 0.0355, the exchange rate registered a net change of -5.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0384 was down 9.16% compared to the 2020 peak of 0.0423, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 192 ZAR
2020 Average 190 ZAR
Yearly Trough Low 33 ZAR
Transaction Impact: A difference of 158.66 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0377
0.0338
JanuMarcMayJulySeptNove

KMF 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 0.0356, compared to 0.0353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0356
H2 Avg (Jul–Dec) 0.0353

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0305 ZAR (High: 0.0372 / Low: 0.0067). On the other end, April was the most stable month, with a tight range of 0.0012 ZAR (High: 0.0357 / Low: 0.0345).

December Spread (Volatile) ±0.0305
April Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0374) against the same month in 2020 (average: 0.0325), the exchange rate shifted by +0.0049 (+15.05%).

2021 Avg (January) 0.0374
2020 Avg (January) 0.0325

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0384 0.0364 0.0374
February 0.0373 0.0356 0.0363
March 0.0374 0.0353 0.0362
April 0.0357 0.0345 0.0349
May 0.0357 0.0339 0.0347
June 0.0348 0.0332 0.0341
July 0.0355 0.0342 0.0348
August 0.0366 0.0344 0.0355
September 0.0360 0.0339 0.0348
October 0.0362 0.0341 0.0351
November 0.0373 0.0351 0.0361
December 0.0372 0.0067 0.0355