YEARLY HIGH
0.2447 GEL
YEARLY LOW
0.1911 GEL
YEARLY AVERAGE
0.2180 GEL

2021 ZAR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 0.2447. Conversely, the yearly low was recorded on November 27, dropping to 0.1911.

This high-to-low spread represents a total annual volatility of 0.0536 GEL. From a start-to-finish perspective, comparing the January average rate of 0.2185 to the December average rate of 0.1951, the exchange rate registered a net change of -10.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2447 was up 7.92% compared to the 2020 peak of 0.2267, 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 12,234 GEL
2020 Average 9,500 GEL
Yearly Trough Low 9,555 GEL
Transaction Impact: A difference of 2,678.75 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2445
0.1906
JanuMarcMayJulySeptNove

ZAR to GEL 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 0.2284, compared to 0.2076 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0208 points.

H1 Avg (Jan–Jun) 0.2284
H2 Avg (Jul–Dec) 0.2076

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0207 GEL (High: 0.2118 / Low: 0.1911). On the other end, December was the most stable month, with a tight range of 0.0054 GEL (High: 0.1982 / Low: 0.1928).

November Spread (Volatile) ±0.0207
December Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0134 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0134

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.2400) against the same month in 2020 (average: 0.1765), the exchange rate shifted by +0.0635 (+36.00%).

2021 Avg (May) 0.2400
2020 Avg (May) 0.1765

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2240 0.2133 0.2185
February 0.2293 0.2198 0.2244
March 0.2287 0.2144 0.2227
April 0.2428 0.2330 0.2381
May 0.2447 0.2365 0.2400
June 0.2411 0.2205 0.2266
July 0.2216 0.2078 0.2152
August 0.2155 0.2030 0.2096
September 0.2199 0.2050 0.2133
October 0.2172 0.2066 0.2106
November 0.2118 0.1911 0.2017
December 0.1982 0.1928 0.1951