YEARLY HIGH
40.1633 XOF
YEARLY LOW
34.6368 XOF
YEARLY AVERAGE
37.5419 XOF

2021 ZAR to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 40.1633. Conversely, the yearly low was recorded on January 7, dropping to 34.6368.

This high-to-low spread represents a total annual volatility of 5.5265 XOF. From a start-to-finish perspective, comparing the January average rate of 35.6701 to the December average rate of 36.5422, the exchange rate registered a net change of 2.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 40.1633 was down 3.77% compared to the 2020 peak of 41.7349, 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 2,008,164 XOF
2020 Average 1,755,699 XOF
Yearly Trough Low 1,731,838 XOF
Transaction Impact: A difference of 276,325.61 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

39.5028
35.3216
JanuMarcMayJulySeptNove

ZAR to XOF 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 37.4651, compared to 37.6186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1535 points.

H1 Avg (Jan–Jun) 37.4651
H2 Avg (Jul–Dec) 37.6186

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 2.3366 XOF (High: 37.9436 / Low: 35.6070). On the other end, April was the most stable month, with a tight range of 1.0508 XOF (High: 38.6843 / Low: 37.6334).

November Spread (Volatile) ±2.3366
April Spread (Stable) ±1.0508

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.0391 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.0391

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 39.1544) against the same month in 2020 (average: 34.0470), the exchange rate shifted by +5.1074 (+15.00%).

2021 Avg (June) 39.1544
2020 Avg (June) 34.0470

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.8659 34.6368 35.6701
February 37.4192 35.8950 36.7284
March 37.8317 35.6313 36.7937
April 38.6843 37.6334 38.0180
May 39.0944 37.6486 38.4262
June 40.1633 38.4053 39.1544
July 38.9497 37.5143 38.2380
August 38.6017 36.5995 37.6820
September 39.2593 37.1539 38.2383
October 39.0632 37.1229 38.0252
November 37.9436 35.6070 36.9861
December 37.2570 35.9279 36.5422