YEARLY HIGH
0.0081 ZAR
YEARLY LOW
0.0068 ZAR
YEARLY AVERAGE
0.0075 ZAR

2021 BIF to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BIF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.0081. Conversely, the yearly low was recorded on June 6, dropping to 0.0068.

This high-to-low spread represents a total annual volatility of 0.0014 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0078 to the December average rate of 0.0079, the exchange rate registered a net change of 2.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0081 was down 19.95% compared to the 2020 peak of 0.0102, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 41 ZAR
2020 Average 43 ZAR
Yearly Trough Low 34 ZAR
Transaction Impact: A difference of 6.76 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0080
0.0069
JanuMarcMayJulySeptNove

BIF 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: JanтАУJun) was 0.0074, compared to 0.0076 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0001 points.

H1 Avg (JanтАУJun) 0.0074
H2 Avg (JulтАУDec) 0.0076

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0007 ZAR (High: 0.0081 / Low: 0.0075). On the other end, April was the most stable month, with a tight range of 0.0003 ZAR (High: 0.0075 / Low: 0.0073).

November Spread (Volatile) ┬▒0.0007
April Spread (Stable) ┬▒0.0003

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 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0078) against the same month in 2020 (average: 0.0080), the exchange rate shifted by -0.0002 (-2.49%).

2021 Avg (November) 0.0078
2020 Avg (November) 0.0080

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Month High Low Average
January 0.0080 0.0075 0.0078
February 0.0078 0.0074 0.0076
March 0.0080 0.0075 0.0077
April 0.0075 0.0073 0.0074
May 0.0074 0.0070 0.0071
June 0.0072 0.0068 0.0070
July 0.0075 0.0072 0.0073
August 0.0077 0.0072 0.0075
September 0.0076 0.0071 0.0073
October 0.0076 0.0072 0.0075
November 0.0081 0.0075 0.0078
December 0.0081 0.0078 0.0079