YEARLY HIGH
1.0272 ZAR
YEARLY LOW
0.9730 ZAR
YEARLY AVERAGE
1.0010 ZAR

2021 SZL to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SZL to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 17, valuing the pair at 1.0272. Conversely, the yearly low was recorded on April 15, dropping to 0.9730.

This high-to-low spread represents a total annual volatility of 0.0542 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.0014 to the December average rate of 1.0002, the exchange rate registered a net change of -0.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0272 was down 1.20% compared to the 2020 peak of 1.0397, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,136 ZAR
2020 Average 5,004 ZAR
Yearly Trough Low 4,865 ZAR
Transaction Impact: A difference of 271.05 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0054
0.9982
JanuMarcMayJulySeptNove

SZL 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 1.0007, compared to 1.0013 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0006 points.

H1 Avg (JanтАУJun) 1.0007
H2 Avg (JulтАУDec) 1.0013

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0411 ZAR (High: 1.0272 / Low: 0.9861). On the other end, May was the most stable month, with a tight range of 0.0256 ZAR (High: 1.0122 / Low: 0.9866).

June Spread (Volatile) ┬▒0.0411
May Spread (Stable) ┬▒0.0256

Growth Streaks & Declines

Trends

Between April and June, 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 November and December, when the average rate fell by 0.0035 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 1.0048) against the same month in 2020 (average: 0.9998), the exchange rate shifted by +0.0050 (+0.50%).

2021 Avg (June) 1.0048
2020 Avg (June) 0.9998

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 1.0164 0.9849 1.0014
February 1.0230 0.9847 0.9999
March 1.0184 0.9814 1.0001
April 1.0127 0.9730 0.9988
May 1.0122 0.9866 0.9991
June 1.0272 0.9861 1.0048
July 1.0197 0.9886 1.0015
August 1.0118 0.9841 0.9990
September 1.0166 0.9860 1.0026
October 1.0199 0.9824 1.0006
November 1.0216 0.9869 1.0038
December 1.0157 0.9868 1.0002