2021 ZAR to CVE Historical Review

YEARLY HIGH

6.8051 CVE

YEARLY LOW

5.8546 CVE

YEARLY AVERAGE

6.3342 CVE

2021 ZAR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 6.8051. Conversely, the yearly low was recorded on January 7, dropping to 5.8546.

This high-to-low spread represents a total annual volatility of 0.9504 CVE. From a start-to-finish perspective, comparing the January average rate of 6.0187 to the December average rate of 6.1720, the exchange rate registered a net change of 2.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 6.8051 was down 54.82% compared to the 2020 peak of 15.0611, 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 340,255 CVE

2020 Average 297,647 CVE

Yearly Trough Low 292,732 CVE

Transaction Impact: A difference of 47,522.25 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.6675

5.9597

JanuMarcMayJulySeptNove

ZAR to CVE 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 6.3256, compared to 6.3427 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0171 points.

H1 Avg (Jan–Jun) 6.3256

H2 Avg (Jul–Dec) 6.3427

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 0.3839 CVE (High: 6.6033 / Low: 6.2195). On the other end, December was the most stable month, with a tight range of 0.2086 CVE (High: 6.2939 / Low: 6.0853).

October Spread (Volatile) ±0.3839

December Spread (Stable) ±0.2086

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 0.1814 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1814

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 6.6085) against the same month in 2020 (average: 5.7475), the exchange rate shifted by +0.8610 (+14.98%).

2021 Avg (June) 6.6085

2020 Avg (June) 5.7475

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.1790	5.8546	6.0187
February	6.3222	6.0436	6.2005
March	6.3781	6.0093	6.2132
April	6.5208	6.3028	6.4223
May	6.6367	6.3055	6.4905
June	6.8051	6.4625	6.6085
July	6.5799	6.3454	6.4580
August	6.5134	6.1732	6.3409
September	6.6203	6.2511	6.4424
October	6.6033	6.2195	6.4122
November	6.4013	6.0188	6.2308
December	6.2939	6.0853	6.1720