YEARLY HIGH
0.0526 GIP
YEARLY LOW
0.0461 GIP
YEARLY AVERAGE
0.0492 GIP

2021 ZAR to GIP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to GIP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 0.0526. Conversely, the yearly low was recorded on November 27, dropping to 0.0461.

This high-to-low spread represents a total annual volatility of 0.0066 GIP. From a start-to-finish perspective, comparing the January average rate of 0.0485 to the December average rate of 0.0473, the exchange rate registered a net change of -2.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0526 was down 2.53% compared to the 2020 peak of 0.0540, 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 2,630 GIP
2020 Average 2,378 GIP
Yearly Trough Low 2,303 GIP
Transaction Impact: A difference of 327.59 GIP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0517
0.0469
JanuMarcMayJulySeptNove

ZAR to GIP 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 0.0496, compared to 0.0489 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0007 points.

H1 Avg (JanтАУJun) 0.0496
H2 Avg (JulтАУDec) 0.0489

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0034 GIP (High: 0.0494 / Low: 0.0461). On the other end, May was the most stable month, with a tight range of 0.0017 GIP (High: 0.0515 / Low: 0.0498).

November Spread (Volatile) ┬▒0.0034
May Spread (Stable) ┬▒0.0017

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.0513) against the same month in 2020 (average: 0.0467), the exchange rate shifted by +0.0046 (+9.84%).

2021 Avg (June) 0.0513
2020 Avg (June) 0.0467

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 0.0501 0.0477 0.0485
February 0.0497 0.0475 0.0488
March 0.0491 0.0466 0.0482
April 0.0512 0.0493 0.0501
May 0.0515 0.0498 0.0505
June 0.0526 0.0503 0.0513
July 0.0508 0.0487 0.0499
August 0.0502 0.0479 0.0490
September 0.0512 0.0488 0.0499
October 0.0502 0.0479 0.0491
November 0.0494 0.0461 0.0478
December 0.0482 0.0463 0.0473