YEARLY HIGH
0.1197 BGN
YEARLY LOW
0.1033 BGN
YEARLY AVERAGE
0.1119 BGN

2021 ZAR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 0.1197. Conversely, the yearly low was recorded on January 7, dropping to 0.1033.

This high-to-low spread represents a total annual volatility of 0.0164 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1063 to the December average rate of 0.1090, the exchange rate registered a net change of 2.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1197 was down 3.82% compared to the 2020 peak of 0.1245, 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 5,986 BGN
2020 Average 5,237 BGN
Yearly Trough Low 5,165 BGN
Transaction Impact: A difference of 821.13 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1178
0.1053
JanuMarcMayJulySeptNove

ZAR to BGN 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 0.1117, compared to 0.1122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.1117
H2 Avg (Jul–Dec) 0.1122

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0070 BGN (High: 0.1131 / Low: 0.1061). On the other end, April was the most stable month, with a tight range of 0.0033 BGN (High: 0.1153 / Low: 0.1121).

November Spread (Volatile) ±0.0070
April Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0031 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.1167) against the same month in 2020 (average: 0.1015), the exchange rate shifted by +0.0152 (+14.99%).

2021 Avg (June) 0.1167
2020 Avg (June) 0.1015

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1093 0.1033 0.1063
February 0.1116 0.1068 0.1095
March 0.1130 0.1062 0.1097
April 0.1153 0.1121 0.1134
May 0.1166 0.1121 0.1146
June 0.1197 0.1145 0.1167
July 0.1162 0.1118 0.1140
August 0.1151 0.1092 0.1124
September 0.1171 0.1105 0.1139
October 0.1165 0.1107 0.1134
November 0.1131 0.1061 0.1102
December 0.1112 0.1075 0.1090