YEARLY HIGH
5.4391 BTN
YEARLY LOW
4.5728 BTN
YEARLY AVERAGE
5.0012 BTN

2021 ZAR to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 5.4391. Conversely, the yearly low was recorded on November 27, dropping to 4.5728.

This high-to-low spread represents a total annual volatility of 0.8662 BTN. From a start-to-finish perspective, comparing the January average rate of 4.8371 to the December average rate of 4.7429, the exchange rate registered a net change of -1.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 5.4391 was up 6.20% compared to the 2020 peak of 5.1216, 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 271,954 BTN
2020 Average 225,969 BTN
Yearly Trough Low 228,642 BTN
Transaction Impact: A difference of 43,311.74 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

5.3389
4.6887
JanuMarcMayJulySeptNove

ZAR to BTN 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 5.0428, compared to 4.9596 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0832 points.

H1 Avg (Jan–Jun) 5.0428
H2 Avg (Jul–Dec) 4.9596

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.3883 BTN (High: 4.9611 / Low: 4.5728). On the other end, December was the most stable month, with a tight range of 0.1759 BTN (High: 4.8267 / Low: 4.6508).

November Spread (Volatile) ±0.3883
December Spread (Stable) ±0.1759

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 0.2460 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2460

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 5.2847) against the same month in 2020 (average: 4.4240), the exchange rate shifted by +0.8607 (+19.46%).

2021 Avg (June) 5.2847
2020 Avg (June) 4.4240

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.0107 4.7290 4.8371
February 5.0238 4.7844 4.9216
March 4.9475 4.7014 4.8513
April 5.2889 4.9943 5.1529
May 5.2855 5.1027 5.2093
June 5.4391 5.1497 5.2847
July 5.2494 5.0106 5.1338
August 5.1843 4.8464 5.0145
September 5.2048 4.8888 5.0458
October 5.1943 4.9129 5.0332
November 4.9611 4.5728 4.7872
December 4.8267 4.6508 4.7429