YEARLY HIGH
0.1611 ZAR
YEARLY LOW
0.1384 ZAR
YEARLY AVERAGE
0.1487 ZAR

2021 RSD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RSD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.1611. Conversely, the yearly low was recorded on June 6, dropping to 0.1384.

This high-to-low spread represents a total annual volatility of 0.0227 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1562 to the December average rate of 0.1527, the exchange rate registered a net change of -2.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1611 was down 9.08% compared to the 2020 peak of 0.1771, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 805 ZAR
2020 Average 799 ZAR
Yearly Trough Low 692 ZAR
Transaction Impact: A difference of 113.28 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1576
0.1413
JanuMarcMayJulySeptNove

RSD 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 0.1490, compared to 0.1484 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.1490
H2 Avg (Jul–Dec) 0.1484

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0097 ZAR (High: 0.1567 / Low: 0.1470). On the other end, April was the most stable month, with a tight range of 0.0048 ZAR (High: 0.1490 / Low: 0.1442).

November Spread (Volatile) ±0.0097
April Spread (Stable) ±0.0048

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 0.0052 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.1562) against the same month in 2020 (average: 0.1361), the exchange rate shifted by +0.0201 (+14.81%).

2021 Avg (January) 0.1562
2020 Avg (January) 0.1361

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1611 0.1523 0.1562
February 0.1557 0.1490 0.1519
March 0.1567 0.1476 0.1517
April 0.1490 0.1442 0.1465
May 0.1489 0.1422 0.1451
June 0.1457 0.1384 0.1427
July 0.1486 0.1432 0.1460
August 0.1524 0.1448 0.1481
September 0.1504 0.1417 0.1460
October 0.1511 0.1426 0.1469
November 0.1567 0.1470 0.1509
December 0.1552 0.1497 0.1527