YEARLY HIGH
0.0081 ZAR
YEARLY LOW
0.0067 ZAR
YEARLY AVERAGE
0.0074 ZAR

2021 CDF to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CDF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.0081. Conversely, the yearly low was recorded on June 6, dropping to 0.0067.

This high-to-low spread represents a total annual volatility of 0.0014 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0077 to the December average rate of 0.0079, the exchange rate registered a net change of 3.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0081 was down 28.00% compared to the 2020 peak of 0.0113, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 41 ZAR
2020 Average 45 ZAR
Yearly Trough Low 34 ZAR
Transaction Impact: A difference of 6.92 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0080
0.0069
JanuMarcMayJulySeptNove

CDF 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 0.0073, compared to 0.0075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0073
H2 Avg (Jul–Dec) 0.0075

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0007 ZAR (High: 0.0081 / Low: 0.0074). On the other end, April was the most stable month, with a tight range of 0.0003 ZAR (High: 0.0074 / Low: 0.0071).

November Spread (Volatile) ±0.0007
April Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0078) against the same month in 2020 (average: 0.0079), the exchange rate shifted by -0.0001 (-1.68%).

2021 Avg (November) 0.0078
2020 Avg (November) 0.0079

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0079 0.0074 0.0077
February 0.0076 0.0073 0.0075
March 0.0078 0.0074 0.0075
April 0.0074 0.0071 0.0073
May 0.0073 0.0069 0.0070
June 0.0072 0.0067 0.0070
July 0.0075 0.0071 0.0073
August 0.0077 0.0072 0.0074
September 0.0076 0.0071 0.0073
October 0.0076 0.0072 0.0074
November 0.0081 0.0074 0.0078
December 0.0081 0.0078 0.0079