YEARLY HIGH
56.4819 CLP
YEARLY LOW
46.1789 CLP
YEARLY AVERAGE
51.3913 CLP

2021 ZAR to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 56.4819. Conversely, the yearly low was recorded on January 7, dropping to 46.1789.

This high-to-low spread represents a total annual volatility of 10.3030 CLP. From a start-to-finish perspective, comparing the January average rate of 47.8693 to the December average rate of 53.5192, the exchange rate registered a net change of 11.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 56.4819 was up 3.71% compared to the 2020 peak of 54.4622, 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 2,824,097 CLP
2020 Average 2,414,145 CLP
Yearly Trough Low 2,308,945 CLP
Transaction Impact: A difference of 515,151.57 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

55.4670
47.1786
JanuMarcMayJulySeptNove

ZAR to CLP 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 49.5711, compared to 53.2115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6404 points.

H1 Avg (Jan–Jun) 49.5711
H2 Avg (Jul–Dec) 53.2115

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 4.3910 CLP (High: 53.0321 / Low: 48.6411). On the other end, April was the most stable month, with a tight range of 1.3518 CLP (High: 49.9562 / Low: 48.6044).

May Spread (Volatile) ±4.3910
April Spread (Stable) ±1.3518

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 2.3723 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.3723

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 54.7763) against the same month in 2020 (average: 47.9123), the exchange rate shifted by +6.8640 (+14.33%).

2021 Avg (October) 54.7763
2020 Avg (October) 47.9123

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.1861 46.1789 47.8693
February 49.8944 47.6355 48.9143
March 49.3408 47.4112 48.4418
April 49.9562 48.6044 49.1404
May 53.0321 48.6411 50.6843
June 53.5095 50.7025 52.3765
July 52.8047 50.8623 51.8701
August 54.1892 51.3384 52.8085
September 55.7520 52.9049 53.8909
October 56.4819 53.2810 54.7763
November 53.9369 50.7595 52.4040
December 55.6371 52.1029 53.5192