2021 ZAR to CNY Historical Review

YEARLY HIGH

0.4764 CNY

YEARLY LOW

0.3928 CNY

YEARLY AVERAGE

0.4370 CNY

2021 ZAR to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 0.4764. Conversely, the yearly low was recorded on November 27, dropping to 0.3928.

This high-to-low spread represents a total annual volatility of 0.0836 CNY. From a start-to-finish perspective, comparing the January average rate of 0.4284 to the December average rate of 0.4012, the exchange rate registered a net change of -6.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4764 was down 4.15% compared to the 2020 peak of 0.4970, 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 23,821 CNY

2020 Average 21,059 CNY

Yearly Trough Low 19,642 CNY

Transaction Impact: A difference of 4,178.98 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4677

0.3952

JanuMarcMayJulySeptNove

ZAR to CNY 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 0.4454, compared to 0.4286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0168 points.

H1 Avg (Jan–Jun) 0.4454

H2 Avg (Jul–Dec) 0.4286

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0357 CNY (High: 0.4285 / Low: 0.3928). On the other end, April was the most stable month, with a tight range of 0.0140 CNY (High: 0.4605 / Low: 0.4465).

November Spread (Volatile) ±0.0357

April Spread (Stable) ±0.0140

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 0.0207 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0207

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.4616) against the same month in 2020 (average: 0.4137), the exchange rate shifted by +0.0479 (+11.59%).

2021 Avg (June) 0.4616

2020 Avg (June) 0.4137

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4458	0.4176	0.4284
February	0.4470	0.4286	0.4378
March	0.4442	0.4201	0.4346
April	0.4605	0.4465	0.4523
May	0.4643	0.4467	0.4575
June	0.4764	0.4496	0.4616
July	0.4569	0.4366	0.4465
August	0.4519	0.4243	0.4380
September	0.4561	0.4264	0.4431
October	0.4437	0.4201	0.4317
November	0.4285	0.3928	0.4109
December	0.4100	0.3951	0.4012