2011 NZD to ZAR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 NZD to ZAR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the NZD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 6.4790. Conversely, the yearly low was recorded on March 7, dropping to 5.0661.
This high-to-low spread represents a total annual volatility of 1.4129 ZAR. From a start-to-finish perspective, comparing the January average rate of 5.3107 to the December average rate of 6.3068, the exchange rate registered a net change of 18.76% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 6.4790 was up 17.58% compared to the 2010 peak of 5.5101, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
NZD to ZAR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.3691, compared to 6.1135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7443 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was September, with a trading range of 0.5759 ZAR (High: 6.4790 / Low: 5.9031). On the other end, December was the most stable month, with a tight range of 0.1321 ZAR (High: 6.3813 / Low: 6.2492).
Growth Streaks & Declines
TrendsBetween March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3449 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2011: 6.1377) against the same month in 2010 (average: 5.1884), the exchange rate shifted by +0.9493 (+18.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.5455 | 5.1142 | 5.3107 |
| February | 5.5984 | 5.2372 | 5.4695 |
| March | 5.2154 | 5.0661 | 5.1246 |
| April | 5.4599 | 5.1463 | 5.3060 |
| May | 5.6624 | 5.2603 | 5.4683 |
| June | 5.6227 | 5.4666 | 5.5358 |
| July | 5.9404 | 5.5638 | 5.7444 |
| August | 6.0318 | 5.8131 | 5.9324 |
| September | 6.4790 | 5.9031 | 6.1377 |
| October | 6.4715 | 6.1380 | 6.2855 |
| November | 6.4687 | 6.1920 | 6.2739 |
| December | 6.3813 | 6.2492 | 6.3068 |