YEARLY HIGH
0.2031 TND
YEARLY LOW
0.1740 TND
YEARLY AVERAGE
0.1880 TND

2021 ZAR to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 0.2031. Conversely, the yearly low was recorded on January 11, dropping to 0.1740.

This high-to-low spread represents a total annual volatility of 0.0291 TND. From a start-to-finish perspective, comparing the January average rate of 0.1785 to the December average rate of 0.1812, the exchange rate registered a net change of 1.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2031 was up 2.11% compared to the 2020 peak of 0.1989, 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 10,155 TND
2020 Average 8,562 TND
Yearly Trough Low 8,701 TND
Transaction Impact: A difference of 1,454.59 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1994
0.1766
JanuMarcMayJulySeptNove

ZAR to TND 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 0.1882, compared to 0.1878 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0004 points.

H1 Avg (JanтАУJun) 0.1882
H2 Avg (JulтАУDec) 0.1878

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0128 TND (High: 0.1899 / Low: 0.1771). On the other end, December was the most stable month, with a tight range of 0.0063 TND (High: 0.1847 / Low: 0.1784).

November Spread (Volatile) ┬▒0.0128
December Spread (Stable) ┬▒0.0063

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 0.0063 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.1975) against the same month in 2020 (average: 0.1664), the exchange rate shifted by +0.0311 (+18.67%).

2021 Avg (June) 0.1975
2020 Avg (June) 0.1664

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 0.1838 0.1740 0.1785
February 0.1877 0.1791 0.1837
March 0.1888 0.1774 0.1838
April 0.1950 0.1883 0.1915
May 0.1986 0.1889 0.1943
June 0.2031 0.1928 0.1975
July 0.1957 0.1881 0.1920
August 0.1949 0.1828 0.1885
September 0.1972 0.1852 0.1917
October 0.1952 0.1847 0.1899
November 0.1899 0.1771 0.1836
December 0.1847 0.1784 0.1812