2021 ZAR to EUR Historical Review

YEARLY HIGH

0.0612 EUR

YEARLY LOW

0.0528 EUR

YEARLY AVERAGE

0.0572 EUR

2021 ZAR to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.0612. Conversely, the yearly low was recorded on January 7, dropping to 0.0528.

This high-to-low spread represents a total annual volatility of 0.0084 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0544 to the December average rate of 0.0557, the exchange rate registered a net change of 2.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0612 was down 3.77% compared to the 2020 peak of 0.0636, 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 3,061 EUR

2020 Average 2,677 EUR

Yearly Trough Low 2,640 EUR

Transaction Impact: A difference of 421.26 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0602

0.0538

JanuMarcMayJulySeptNove

ZAR to EUR 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 0.0571, compared to 0.0573 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0571

H2 Avg (Jul–Dec) 0.0573

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0036 EUR (High: 0.0578 / Low: 0.0543). On the other end, April was the most stable month, with a tight range of 0.0016 EUR (High: 0.0590 / Low: 0.0574).

November Spread (Volatile) ±0.0036

April Spread (Stable) ±0.0016

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 0.0016 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.0597) against the same month in 2020 (average: 0.0519), the exchange rate shifted by +0.0078 (+15.00%).

2021 Avg (June) 0.0597

2020 Avg (June) 0.0519

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0562	0.0528	0.0544
February	0.0570	0.0547	0.0560
March	0.0577	0.0543	0.0561
April	0.0590	0.0574	0.0580
May	0.0596	0.0574	0.0586
June	0.0612	0.0585	0.0597
July	0.0594	0.0572	0.0583
August	0.0588	0.0558	0.0574
September	0.0599	0.0566	0.0583
October	0.0596	0.0566	0.0580
November	0.0578	0.0543	0.0564
December	0.0568	0.0548	0.0557