2021 HNL to ZAR Historical Review

YEARLY HIGH

0.6729 ZAR

YEARLY LOW

0.5570 ZAR

YEARLY AVERAGE

0.6135 ZAR

2021 HNL to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HNL to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.6729. Conversely, the yearly low was recorded on June 6, dropping to 0.5570.

This high-to-low spread represents a total annual volatility of 0.1159 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.6236 to the December average rate of 0.6539, the exchange rate registered a net change of 4.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6729 was down 13.00% compared to the 2020 peak of 0.7735, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,364 ZAR

2020 Average 3,328 ZAR

Yearly Trough Low 2,785 ZAR

Transaction Impact: A difference of 579.46 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6614

0.5715

JanuMarcMayJulySeptNove

HNL 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 0.6022, compared to 0.6247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0225 points.

H1 Avg (Jan–Jun) 0.6022

H2 Avg (Jul–Dec) 0.6247

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0551 ZAR (High: 0.6729 / Low: 0.6178). On the other end, April was the most stable month, with a tight range of 0.0209 ZAR (High: 0.6082 / Low: 0.5873).

November Spread (Volatile) ±0.0551

April Spread (Stable) ±0.0209

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 0.0201 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0201

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.6440) against the same month in 2020 (average: 0.6360), the exchange rate shifted by +0.0080 (+1.25%).

2021 Avg (November) 0.6440

2020 Avg (November) 0.6360

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6401	0.6048	0.6236
February	0.6277	0.5962	0.6093
March	0.6414	0.6044	0.6190
April	0.6082	0.5873	0.5989
May	0.6002	0.5710	0.5834
June	0.6003	0.5570	0.5790
July	0.6261	0.5911	0.6077
August	0.6459	0.5997	0.6220
September	0.6291	0.5851	0.6049
October	0.6306	0.5964	0.6159
November	0.6729	0.6178	0.6440
December	0.6686	0.6367	0.6539

2021 HNL నుండి ZAR చారిత్రక సమీక్ష