YEARLY HIGH
0.0017 ZAR
YEARLY LOW
0.0014 ZAR
YEARLY AVERAGE
0.0015 ZAR

2021 GNF to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GNF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.0017. Conversely, the yearly low was recorded on June 6, dropping to 0.0014.

This high-to-low spread represents a total annual volatility of 0.0004 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0015 to the December average rate of 0.0017, the exchange rate registered a net change of 13.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0017 was down 14.71% compared to the 2020 peak of 0.0020, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9 ZAR
2020 Average 9 ZAR
Yearly Trough Low 7 ZAR
Transaction Impact: A difference of 1.81 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0017
0.0014
JanuMarcMayJulySeptNove

GNF 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 0.0015, compared to 0.0016 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) 0.0015
H2 Avg (JulтАУDec) 0.0016

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0002 ZAR (High: 0.0017 / Low: 0.0016). On the other end, April was the most stable month, with a tight range of 0.0001 ZAR (High: 0.0015 / Low: 0.0014).

November Spread (Volatile) ┬▒0.0002
April Spread (Stable) ┬▒0.0001

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 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0016) against the same month in 2020 (average: 0.0016), the exchange rate shifted by +0.0000 (+3.04%).

2021 Avg (November) 0.0016
2020 Avg (November) 0.0016

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Month High Low Average
January 0.0015 0.0014 0.0015
February 0.0015 0.0014 0.0015
March 0.0015 0.0015 0.0015
April 0.0015 0.0014 0.0014
May 0.0015 0.0014 0.0014
June 0.0015 0.0014 0.0014
July 0.0015 0.0014 0.0015
August 0.0016 0.0015 0.0015
September 0.0016 0.0014 0.0015
October 0.0016 0.0015 0.0015
November 0.0017 0.0016 0.0016
December 0.0017 0.0017 0.0017