YEARLY HIGH
24.6932 GNF
YEARLY LOW
21.2338 GNF
YEARLY AVERAGE
23.0786 GNF

2021 KZT to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KZT to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 24.6932. Conversely, the yearly low was recorded on December 17, dropping to 21.2338.

This high-to-low spread represents a total annual volatility of 3.4594 GNF. From a start-to-finish perspective, comparing the January average rate of 24.2480 to the December average rate of 21.5552, the exchange rate registered a net change of -11.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 24.6932 was down 2.48% compared to the 2020 peak of 25.3217, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 123,466 GNF
2020 Average 116,404 GNF
Yearly Trough Low 106,169 GNF
Transaction Impact: A difference of 17,296.84 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

24.5539
21.2826
JanuMarcMayJulySeptNove

KZT to GNF 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 23.6095, compared to 22.5478 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0618 points.

H1 Avg (Jan–Jun) 23.6095
H2 Avg (Jul–Dec) 22.5478

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 1.0634 GNF (High: 22.5062 / Low: 21.4428). On the other end, September was the most stable month, with a tight range of 0.1112 GNF (High: 23.0183 / Low: 22.9071).

November Spread (Volatile) ±1.0634
September Spread (Stable) ±0.1112

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.7547 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.7547

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 24.2813) against the same month in 2020 (average: 25.0595), the exchange rate shifted by -0.7782 (-3.11%).

2021 Avg (February) 24.2813
2020 Avg (February) 25.0595

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 24.4806 23.7164 24.2480
February 24.6932 23.8827 24.2813
March 24.1927 23.5926 23.9341
April 23.5108 23.0306 23.1794
May 23.2572 22.8754 23.0476
June 23.0353 22.8751 22.9669
July 23.1234 22.8070 22.9718
August 23.0944 22.8586 22.9550
September 23.0183 22.9071 22.9576
October 22.9656 22.5062 22.7874
November 22.5062 21.4428 22.0594
December 21.7980 21.2338 21.5552