YEARLY HIGH
16956.4528 VEF
YEARLY LOW
0.0614 VEF
YEARLY AVERAGE
136.7622 VEF

2021 ZAR to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 16956.4528. Conversely, the yearly low was recorded on November 27, dropping to 0.0614.

This high-to-low spread represents a total annual volatility of 16956.3913 VEF. From a start-to-finish perspective, comparing the January average rate of 1640.3996 to the December average rate of 0.0630, the exchange rate registered a net change of -100.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 16956.4528 was down 4.40% compared to the 2020 peak of 17737.0814, 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 847,822,640 VEF
2020 Average 759,094,988 VEF
Yearly Trough Low 3,072 VEF
Transaction Impact: A difference of 847,819,567.26 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1804.4332
-163.9707
JanuMarcMayJulySeptNove

ZAR to VEF 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 273.4577, compared to 0.0666 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 273.3911 points.

H1 Avg (Jan–Jun) 273.4577
H2 Avg (Jul–Dec) 0.0666

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 16956.3884 VEF (High: 16956.4528 / Low: 0.0644). On the other end, December was the most stable month, with a tight range of 0.0024 VEF (High: 0.0643 / Low: 0.0620).

January Spread (Volatile) ±16956.3884
December Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between March and June, 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 January and February, when the average rate fell by 1640.3319 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1640.3319

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1640.3996) against the same month in 2020 (average: 17251.2452), the exchange rate shifted by -15610.8457 (-90.49%).

2021 Avg (January) 1640.3996
2020 Avg (January) 17251.2452

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16956.4528 0.0644 1640.3996
February 0.0692 0.0662 0.0677
March 0.0683 0.0644 0.0667
April 0.0706 0.0682 0.0693
May 0.0729 0.0690 0.0712
June 0.0745 0.0697 0.0718
July 0.0705 0.0674 0.0689
August 0.0698 0.0653 0.0676
September 0.0707 0.0659 0.0686
October 0.0694 0.0656 0.0672
November 0.0670 0.0614 0.0643
December 0.0643 0.0620 0.0630