YEARLY HIGH
0.7911 BWP
YEARLY LOW
0.7137 BWP
YEARLY AVERAGE
0.7500 BWP

2021 ZAR to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 0.7911. Conversely, the yearly low was recorded on January 7, dropping to 0.7137.

This high-to-low spread represents a total annual volatility of 0.0774 BWP. From a start-to-finish perspective, comparing the January average rate of 0.7259 to the December average rate of 0.7385, the exchange rate registered a net change of 1.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7911 was up 4.19% compared to the 2020 peak of 0.7592, 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 39,554 BWP
2020 Average 34,860 BWP
Yearly Trough Low 35,684 BWP
Transaction Impact: A difference of 3,870.13 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7743
0.7215
JanuMarcMayJulySeptNove

ZAR to BWP 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 0.7485, compared to 0.7515 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.7485
H2 Avg (Jul–Dec) 0.7515

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0413 BWP (High: 0.7610 / Low: 0.7196). On the other end, December was the most stable month, with a tight range of 0.0228 BWP (High: 0.7505 / Low: 0.7277).

November Spread (Volatile) ±0.0413
December Spread (Stable) ±0.0228

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 0.0132 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0132

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.7699) against the same month in 2020 (average: 0.6837), the exchange rate shifted by +0.0862 (+12.61%).

2021 Avg (June) 0.7699
2020 Avg (June) 0.6837

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7410 0.7137 0.7259
February 0.7466 0.7193 0.7377
March 0.7537 0.7202 0.7375
April 0.7715 0.7477 0.7551
May 0.7745 0.7492 0.7646
June 0.7911 0.7546 0.7699
July 0.7698 0.7447 0.7584
August 0.7651 0.7385 0.7531
September 0.7751 0.7436 0.7598
October 0.7732 0.7378 0.7563
November 0.7610 0.7196 0.7430
December 0.7505 0.7277 0.7385