YEARLY HIGH
1544.7890 STD
YEARLY LOW
1302.0066 STD
YEARLY AVERAGE
1403.0138 STD

2021 ZAR to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 1544.7890. Conversely, the yearly low was recorded on November 27, dropping to 1302.0066.

This high-to-low spread represents a total annual volatility of 242.7824 STD. From a start-to-finish perspective, comparing the January average rate of 1353.3877 to the December average rate of 1336.2378, the exchange rate registered a net change of -1.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1544.7890 was up 0.38% compared to the 2020 peak of 1539.0121, 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 77,239,450 STD
2020 Average 65,680,378 STD
Yearly Trough Low 65,100,331 STD
Transaction Impact: A difference of 12,139,119.47 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1489.5474
1322.3006
JanuMarcMayJulySeptNove

ZAR to STD 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 1415.5872, compared to 1390.4404 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 25.1469 points.

H1 Avg (Jan–Jun) 1415.5872
H2 Avg (Jul–Dec) 1390.4404

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 126.6533 STD (High: 1544.7890 / Low: 1418.1357). On the other end, April was the most stable month, with a tight range of 49.7345 STD (High: 1463.9223 / Low: 1414.1877).

June Spread (Volatile) ±126.6533
April Spread (Stable) ±49.7345

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 October and November, when the average rate fell by 54.8464 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -54.8464

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 1474.4598) against the same month in 2020 (average: 1287.1277), the exchange rate shifted by +187.3321 (+14.55%).

2021 Avg (June) 1474.4598
2020 Avg (June) 1287.1277

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1391.3852 1318.8373 1353.3877
February 1406.7292 1345.5066 1380.0892
March 1409.5308 1309.1975 1371.8304
April 1463.9223 1414.1877 1438.1460
May 1511.1906 1430.6853 1475.6102
June 1544.7890 1418.1357 1474.4598
July 1449.3397 1387.6272 1420.8147
August 1445.8120 1358.6279 1402.0030
September 1466.7103 1364.0926 1422.9084
October 1448.8292 1374.4515 1407.7624
November 1404.7001 1302.0066 1352.9160
December 1363.2848 1312.9903 1336.2378