YEARLY HIGH
13.2629 DJF
YEARLY LOW
10.9393 DJF
YEARLY AVERAGE
12.0562 DJF

2021 ZAR to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 13.2629. Conversely, the yearly low was recorded on November 27, dropping to 10.9393.

This high-to-low spread represents a total annual volatility of 2.3236 DJF. From a start-to-finish perspective, comparing the January average rate of 11.7880 to the December average rate of 11.2140, the exchange rate registered a net change of -4.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 13.2629 was up 4.39% compared to the 2020 peak of 12.7057, 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 663,143 DJF
2020 Average 543,846 DJF
Yearly Trough Low 546,963 DJF
Transaction Impact: A difference of 116,179.60 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

12.9495
11.0562
JanuMarcMayJulySeptNove

ZAR to DJF 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 12.2534, compared to 11.8589 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3945 points.

H1 Avg (Jan–Jun) 12.2534
H2 Avg (Jul–Dec) 11.8589

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.9864 DJF (High: 11.9256 / Low: 10.9393). On the other end, April was the most stable month, with a tight range of 0.4280 DJF (High: 12.5629 / Low: 12.1350).

November Spread (Volatile) ±0.9864
April Spread (Stable) ±0.4280

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 June and July, when the average rate fell by 0.5230 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5230

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 12.7917) against the same month in 2020 (average: 10.3997), the exchange rate shifted by +2.3920 (+23.00%).

2021 Avg (June) 12.7917
2020 Avg (June) 10.3997

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.2080 11.4755 11.7880
February 12.3270 11.7744 12.0566
March 12.1561 11.4635 11.8800
April 12.5629 12.1350 12.3376
May 12.9677 12.3016 12.6665
June 13.2629 12.4037 12.7917
July 12.5336 11.9851 12.2687
August 12.4347 11.6057 12.0383
September 12.5842 11.7334 12.2169
October 12.3539 11.6760 11.9665
November 11.9256 10.9393 11.4491
December 11.4635 11.0257 11.2140