YEARLY HIGH
18.9382 ZAR
YEARLY LOW
16.3322 ZAR
YEARLY AVERAGE
17.4871 ZAR

2021 EUR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EUR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 18.9382. Conversely, the yearly low was recorded on June 5, dropping to 16.3322.

This high-to-low spread represents a total annual volatility of 2.6059 ZAR. From a start-to-finish perspective, comparing the January average rate of 18.3934 to the December average rate of 17.9526, the exchange rate registered a net change of -2.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 18.9382 was down 9.26% compared to the 2020 peak of 20.8715, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 94,691 ZAR
2020 Average 93,944 ZAR
Yearly Trough Low 81,661 ZAR
Transaction Impact: A difference of 13,029.65 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

18.5571
16.5925
JanuMarcMayJulySeptNove

EUR 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 17.5285, compared to 17.4456 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0829 points.

H1 Avg (Jan–Jun) 17.5285
H2 Avg (Jul–Dec) 17.4456

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 1.1451 ZAR (High: 18.9382 / Low: 17.7931). On the other end, April was the most stable month, with a tight range of 0.4735 ZAR (High: 17.4302 / Low: 16.9567).

January Spread (Volatile) ±1.1451
April Spread (Stable) ±0.4735

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 0.5782 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5782

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 18.3934) against the same month in 2020 (average: 15.9958), the exchange rate shifted by +2.3976 (+14.99%).

2021 Avg (January) 18.3934
2020 Avg (January) 15.9958

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.9382 17.7931 18.3934
February 18.2744 17.5300 17.8622
March 18.4096 17.3388 17.8326
April 17.4302 16.9567 17.2544
May 17.4232 16.7788 17.0724
June 17.0799 16.3322 16.7562
July 17.4855 16.8411 17.1572
August 17.9226 16.9929 17.4110
September 17.6551 16.7083 17.1592
October 17.6699 16.7922 17.2534
November 18.4221 17.2877 17.7403
December 18.2576 17.6063 17.9526