YEARLY HIGH
0.6167 SEK
YEARLY LOW
0.5306 SEK
YEARLY AVERAGE
0.5808 SEK

2021 ZAR to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 0.6167. Conversely, the yearly low was recorded on January 7, dropping to 0.5306.

This high-to-low spread represents a total annual volatility of 0.0861 SEK. From a start-to-finish perspective, comparing the January average rate of 0.5491 to the December average rate of 0.5728, the exchange rate registered a net change of 4.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6167 was down 7.57% compared to the 2020 peak of 0.6672, 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 30,834 SEK
2020 Average 28,078 SEK
Yearly Trough Low 26,532 SEK
Transaction Impact: A difference of 4,302.59 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6094
0.5437
JanuMarcMayJulySeptNove

ZAR to SEK 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 0.5785, compared to 0.5830 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.5785
H2 Avg (Jul–Dec) 0.5830

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0382 SEK (High: 0.5906 / Low: 0.5524). On the other end, April was the most stable month, with a tight range of 0.0154 SEK (High: 0.5979 / Low: 0.5825).

March Spread (Volatile) ±0.0382
April Spread (Stable) ±0.0154

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 0.0139 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.6039) against the same month in 2020 (average: 0.5441), the exchange rate shifted by +0.0598 (+10.99%).

2021 Avg (June) 0.6039
2020 Avg (June) 0.5441

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5640 0.5306 0.5491
February 0.5730 0.5525 0.5647
March 0.5906 0.5524 0.5700
April 0.5979 0.5825 0.5894
May 0.6043 0.5836 0.5940
June 0.6167 0.5939 0.6039
July 0.6099 0.5832 0.5947
August 0.6009 0.5748 0.5869
September 0.6084 0.5777 0.5929
October 0.5961 0.5627 0.5824
November 0.5842 0.5521 0.5685
December 0.5866 0.5658 0.5728