2021 BND to ZAR Historical Review

YEARLY HIGH

11.8769 ZAR

YEARLY LOW

10.1033 ZAR

YEARLY AVERAGE

11.0064 ZAR

2021 BND to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BND to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 11.8769. Conversely, the yearly low was recorded on June 6, dropping to 10.1033.

This high-to-low spread represents a total annual volatility of 1.7736 ZAR. From a start-to-finish perspective, comparing the January average rate of 11.3942 to the December average rate of 11.6478, the exchange rate registered a net change of 2.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.8769 was down 12.09% compared to the 2020 peak of 13.5104, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 59,384 ZAR

2020 Average 59,650 ZAR

Yearly Trough Low 50,516 ZAR

Transaction Impact: A difference of 8,867.93 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.7684

10.3213

JanuMarcMayJulySeptNove

BND 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 10.9174, compared to 11.0954 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1780 points.

H1 Avg (Jan–Jun) 10.9174

H2 Avg (Jul–Dec) 11.0954

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.8076 ZAR (High: 11.8769 / Low: 11.0693). On the other end, April was the most stable month, with a tight range of 0.3073 ZAR (High: 10.9213 / Low: 10.6140).

November Spread (Volatile) ±0.8076

April Spread (Stable) ±0.3073

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 0.3648 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3648

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 11.4584) against the same month in 2020 (average: 11.5177), the exchange rate shifted by -0.0593 (-0.51%).

2021 Avg (November) 11.4584

2020 Avg (November) 11.5177

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.6665	11.0349	11.3942
February	11.4692	10.9169	11.1258
March	11.5408	10.8669	11.1673
April	10.9213	10.6140	10.8025
May	10.9165	10.3761	10.5725
June	10.6979	10.1033	10.4419
July	10.9222	10.5027	10.7143
August	11.2593	10.6021	10.9181
September	11.1768	10.5309	10.8201
October	11.3265	10.7224	11.0135
November	11.8769	11.0693	11.4584
December	11.8144	11.4463	11.6478

2021 BND నుండి ZAR చారిత్రక సమీక్ష