2021 MXN to ZAR Historical Review

YEARLY HIGH

0.7800 ZAR

YEARLY LOW

0.6724 ZAR

YEARLY AVERAGE

0.7290 ZAR

2021 MXN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MXN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.7800. Conversely, the yearly low was recorded on June 5, dropping to 0.6724.

This high-to-low spread represents a total annual volatility of 0.1076 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.7571 to the December average rate of 0.7600, the exchange rate registered a net change of 0.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7800 was down 3.44% compared to the 2020 peak of 0.8078, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 38,998 ZAR

2020 Average 38,341 ZAR

Yearly Trough Low 33,620 ZAR

Transaction Impact: A difference of 5,378.25 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7665

0.6883

JanuMarcMayJulySeptNove

MXN 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: Jan–Jun) was 0.7206, compared to 0.7373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0167 points.

H1 Avg (Jan–Jun) 0.7206

H2 Avg (Jul–Dec) 0.7373

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0518 ZAR (High: 0.7242 / Low: 0.6724). On the other end, March was the most stable month, with a tight range of 0.0142 ZAR (High: 0.7297 / Low: 0.7155).

June Spread (Volatile) ±0.0518

March Spread (Stable) ±0.0142

Growth Streaks & Declines

Trends

Between June and August, 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 January and February, when the average rate fell by 0.0297 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0297

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.7600) against the same month in 2020 (average: 0.7454), the exchange rate shifted by +0.0146 (+1.96%).

2021 Avg (December) 0.7600

2020 Avg (December) 0.7454

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7735	0.7366	0.7571
February	0.7425	0.7073	0.7274
March	0.7297	0.7155	0.7216
April	0.7251	0.7100	0.7191
May	0.7162	0.6884	0.7038
June	0.7242	0.6724	0.6948
July	0.7407	0.7133	0.7272
August	0.7547	0.7190	0.7366
September	0.7457	0.7116	0.7277
October	0.7421	0.7125	0.7274
November	0.7548	0.7336	0.7448
December	0.7800	0.7466	0.7600