YEARLY HIGH
0.1201 BAM
YEARLY LOW
0.1034 BAM
YEARLY AVERAGE
0.1119 BAM

2021 ZAR to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 0.1201. Conversely, the yearly low was recorded on January 7, dropping to 0.1034.

This high-to-low spread represents a total annual volatility of 0.0167 BAM. From a start-to-finish perspective, comparing the January average rate of 0.1063 to the December average rate of 0.1090, the exchange rate registered a net change of 2.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1201 was down 3.86% compared to the 2020 peak of 0.1250, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 6,007 BAM
2020 Average 5,238 BAM
Yearly Trough Low 5,170 BAM
Transaction Impact: A difference of 837.28 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1176
0.1053
JanuMarcMayJulySeptNove

ZAR to BAM 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 0.1117, compared to 0.1121 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0004 points.

H1 Avg (JanтАУJun) 0.1117
H2 Avg (JulтАУDec) 0.1121

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0068 BAM (High: 0.1174 / Low: 0.1106). On the other end, April was the most stable month, with a tight range of 0.0038 BAM (High: 0.1154 / Low: 0.1116).

September Spread (Volatile) ┬▒0.0068
April Spread (Stable) ┬▒0.0038

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0030 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.1166) against the same month in 2020 (average: 0.1015), the exchange rate shifted by +0.0151 (+14.85%).

2021 Avg (June) 0.1166
2020 Avg (June) 0.1015

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 0.1093 0.1034 0.1063
February 0.1116 0.1068 0.1096
March 0.1127 0.1061 0.1097
April 0.1154 0.1116 0.1135
May 0.1169 0.1117 0.1146
June 0.1201 0.1142 0.1166
July 0.1161 0.1119 0.1140
August 0.1149 0.1091 0.1123
September 0.1174 0.1106 0.1139
October 0.1167 0.1101 0.1133
November 0.1132 0.1066 0.1103
December 0.1113 0.1071 0.1090