YEARLY HIGH
0.1523 FJD
YEARLY LOW
0.1301 FJD
YEARLY AVERAGE
0.1400 FJD

2021 ZAR to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 0.1523. Conversely, the yearly low was recorded on November 27, dropping to 0.1301.

This high-to-low spread represents a total annual volatility of 0.0222 FJD. From a start-to-finish perspective, comparing the January average rate of 0.1347 to the December average rate of 0.1341, the exchange rate registered a net change of -0.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1523 was down 0.48% compared to the 2020 peak of 0.1531, 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 7,617 FJD
2020 Average 6,616 FJD
Yearly Trough Low 6,506 FJD
Transaction Impact: A difference of 1,111.48 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1486
0.1328
JanuMarcMayJulySeptNove

ZAR to FJD 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 0.1404, compared to 0.1396 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.1404
H2 Avg (Jul–Dec) 0.1396

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0091 FJD (High: 0.1392 / Low: 0.1301). On the other end, April was the most stable month, with a tight range of 0.0043 FJD (High: 0.1441 / Low: 0.1399).

November Spread (Volatile) ±0.0091
April Spread (Stable) ±0.0043

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 0.0055 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.1473) against the same month in 2020 (average: 0.1272), the exchange rate shifted by +0.0201 (+15.81%).

2021 Avg (June) 0.1473
2020 Avg (June) 0.1272

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1392 0.1315 0.1347
February 0.1401 0.1325 0.1374
March 0.1402 0.1323 0.1365
April 0.1441 0.1399 0.1420
May 0.1479 0.1399 0.1445
June 0.1523 0.1439 0.1473
July 0.1466 0.1402 0.1434
August 0.1451 0.1381 0.1415
September 0.1472 0.1388 0.1432
October 0.1442 0.1364 0.1405
November 0.1392 0.1301 0.1351
December 0.1370 0.1318 0.1341