2021 ZAR to KWD Historical Review

YEARLY HIGH

0.0224 KWD

YEARLY LOW

0.0186 KWD

YEARLY AVERAGE

0.0204 KWD

2021 ZAR to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 0.0224. Conversely, the yearly low was recorded on November 27, dropping to 0.0186.

This high-to-low spread represents a total annual volatility of 0.0038 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0201 to the December average rate of 0.0191, the exchange rate registered a net change of -4.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0224 was up 3.29% compared to the 2020 peak of 0.0217, 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 1,120 KWD

2020 Average 937 KWD

Yearly Trough Low 930 KWD

Transaction Impact: A difference of 189.63 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0219

0.0188

JanuMarcMayJulySeptNove

ZAR to KWD 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 0.0208, compared to 0.0201 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0208

H2 Avg (Jul–Dec) 0.0201

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0016 KWD (High: 0.0202 / Low: 0.0186). On the other end, April was the most stable month, with a tight range of 0.0007 KWD (High: 0.0213 / Low: 0.0206).

November Spread (Volatile) ±0.0016

April Spread (Stable) ±0.0007

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 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.0216) against the same month in 2020 (average: 0.0180), the exchange rate shifted by +0.0036 (+20.24%).

2021 Avg (June) 0.0216

2020 Avg (June) 0.0180

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0208	0.0196	0.0201
February	0.0209	0.0200	0.0205
March	0.0206	0.0195	0.0202
April	0.0213	0.0206	0.0209
May	0.0219	0.0208	0.0214
June	0.0224	0.0210	0.0216
July	0.0212	0.0203	0.0207
August	0.0210	0.0196	0.0203
September	0.0212	0.0199	0.0206
October	0.0209	0.0198	0.0203
November	0.0202	0.0186	0.0194
December	0.0195	0.0188	0.0191