YEARLY HIGH
0.5948 SBD
YEARLY LOW
0.4956 SBD
YEARLY AVERAGE
0.5432 SBD

2021 ZAR to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 0.5948. Conversely, the yearly low was recorded on November 27, dropping to 0.4956.

This high-to-low spread represents a total annual volatility of 0.0992 SBD. From a start-to-finish perspective, comparing the January average rate of 0.5296 to the December average rate of 0.5094, the exchange rate registered a net change of -3.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5948 was up 0.34% compared to the 2020 peak of 0.5927, 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 29,739 SBD
2020 Average 25,136 SBD
Yearly Trough Low 24,778 SBD
Transaction Impact: A difference of 4,961.01 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5811
0.5029
JanuMarcMayJulySeptNove

ZAR to SBD 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 0.5499, compared to 0.5366 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0133 points.

H1 Avg (Jan–Jun) 0.5499
H2 Avg (Jul–Dec) 0.5366

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0431 SBD (High: 0.5386 / Low: 0.4956). On the other end, April was the most stable month, with a tight range of 0.0186 SBD (High: 0.5634 / Low: 0.5448).

November Spread (Volatile) ±0.0431
April Spread (Stable) ±0.0186

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 0.0241 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0241

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.5746) against the same month in 2020 (average: 0.4871), the exchange rate shifted by +0.0874 (+17.94%).

2021 Avg (June) 0.5746
2020 Avg (June) 0.4871

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5474 0.5156 0.5296
February 0.5528 0.5280 0.5420
March 0.5422 0.5139 0.5323
April 0.5634 0.5448 0.5535
May 0.5807 0.5492 0.5671
June 0.5948 0.5572 0.5746
July 0.5667 0.5421 0.5543
August 0.5626 0.5255 0.5445
September 0.5692 0.5313 0.5530
October 0.5590 0.5268 0.5412
November 0.5386 0.4956 0.5172
December 0.5213 0.5004 0.5094