2021 ZAR to SGD Historical Review

YEARLY HIGH

0.0987 SGD

YEARLY LOW

0.0843 SGD

YEARLY AVERAGE

0.0910 SGD

2021 ZAR to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 0.0987. Conversely, the yearly low was recorded on November 27, dropping to 0.0843.

This high-to-low spread represents a total annual volatility of 0.0144 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0877 to the December average rate of 0.0859, the exchange rate registered a net change of -2.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0987 was up 2.75% compared to the 2020 peak of 0.0960, 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 4,933 SGD

2020 Average 4,209 SGD

Yearly Trough Low 4,213 SGD

Transaction Impact: A difference of 720.35 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0968

0.0849

JanuMarcMayJulySeptNove

ZAR to SGD 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 0.0917, compared to 0.0902 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0917

H2 Avg (Jul–Dec) 0.0902

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0061 SGD (High: 0.0903 / Low: 0.0843). On the other end, April was the most stable month, with a tight range of 0.0024 SGD (High: 0.0942 / Low: 0.0918).

November Spread (Volatile) ±0.0061

April Spread (Stable) ±0.0024

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 0.0035 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.0958) against the same month in 2020 (average: 0.0814), the exchange rate shifted by +0.0144 (+17.71%).

2021 Avg (June) 0.0958

2020 Avg (June) 0.0814

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0901	0.0857	0.0877
February	0.0915	0.0882	0.0899
March	0.0915	0.0869	0.0896
April	0.0942	0.0918	0.0926
May	0.0963	0.0918	0.0946
June	0.0987	0.0937	0.0958
July	0.0953	0.0916	0.0934
August	0.0944	0.0889	0.0916
September	0.0949	0.0897	0.0925
October	0.0932	0.0885	0.0908
November	0.0903	0.0843	0.0873
December	0.0873	0.0845	0.0859