YEARLY HIGH
0.5754 GTQ
YEARLY LOW
0.4755 GTQ
YEARLY AVERAGE
0.5240 GTQ

2021 ZAR to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 0.5754. Conversely, the yearly low was recorded on November 27, dropping to 0.4755.

This high-to-low spread represents a total annual volatility of 0.0998 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.5156 to the December average rate of 0.4868, the exchange rate registered a net change of -5.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5754 was up 4.08% compared to the 2020 peak of 0.5528, 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 28,768 GTQ
2020 Average 23,593 GTQ
Yearly Trough Low 23,777 GTQ
Transaction Impact: A difference of 4,991.33 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5626
0.4799
JanuMarcMayJulySeptNove

ZAR to GTQ 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 0.5325, compared to 0.5156 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0169 points.

H1 Avg (Jan–Jun) 0.5325
H2 Avg (Jul–Dec) 0.5156

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0430 GTQ (High: 0.5186 / Low: 0.4755). On the other end, December was the most stable month, with a tight range of 0.0181 GTQ (High: 0.4971 / Low: 0.4791).

November Spread (Volatile) ±0.0430
December Spread (Stable) ±0.0181

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 0.0226 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.5557) against the same month in 2020 (average: 0.4495), the exchange rate shifted by +0.1062 (+23.64%).

2021 Avg (June) 0.5557
2020 Avg (June) 0.4495

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5346 0.5029 0.5156
February 0.5366 0.5094 0.5245
March 0.5273 0.4970 0.5151
April 0.5446 0.5254 0.5349
May 0.5631 0.5323 0.5491
June 0.5754 0.5390 0.5557
July 0.5456 0.5218 0.5341
August 0.5414 0.5048 0.5237
September 0.5472 0.5100 0.5310
October 0.5369 0.5078 0.5202
November 0.5186 0.4755 0.4976
December 0.4971 0.4791 0.4868