2021 NZD to ZAR Historical Review

YEARLY HIGH

11.2149 ZAR

YEARLY LOW

9.6785 ZAR

YEARLY AVERAGE

10.4567 ZAR

2021 NZD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 11.2149. Conversely, the yearly low was recorded on June 6, dropping to 9.6785.

This high-to-low spread represents a total annual volatility of 1.5363 ZAR. From a start-to-finish perspective, comparing the January average rate of 10.8627 to the December average rate of 10.7747, the exchange rate registered a net change of -0.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.2149 was down 3.84% compared to the 2020 peak of 11.6627, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NZD based on timing:

Yearly Peak High 56,074 ZAR

2020 Average 53,427 ZAR

Yearly Trough Low 48,393 ZAR

Transaction Impact: A difference of 7,681.64 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.0006

9.7803

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 10.4271, compared to 10.4862 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0592 points.

H1 Avg (Jan–Jun) 10.4271

H2 Avg (Jul–Dec) 10.4862

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.8312 ZAR (High: 11.2149 / Low: 10.3836). On the other end, April was the most stable month, with a tight range of 0.2236 ZAR (High: 10.3873 / Low: 10.1637).

January Spread (Volatile) ±0.8312

April Spread (Stable) ±0.2236

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 March and April, when the average rate fell by 0.4164 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 10.8627) against the same month in 2020 (average: 9.5246), the exchange rate shifted by +1.3381 (+14.05%).

2021 Avg (January) 10.8627

2020 Avg (January) 9.5246

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.2149	10.3836	10.8627
February	11.0655	10.4501	10.7013
March	11.0791	10.3238	10.6886
April	10.3873	10.1637	10.2722
May	10.3815	9.9822	10.1559
June	10.0524	9.6785	9.8820
July	10.3523	9.9236	10.1379
August	10.4652	10.0860	10.3190
September	10.5136	10.0638	10.2889
October	10.9366	10.3114	10.4981
November	11.0983	10.6851	10.8989
December	10.9279	10.5886	10.7747