2021 ZAR to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 ZAR to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the ZAR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 161.6754. Conversely, the yearly low was recorded on March 8, dropping to 33.0044.
This high-to-low spread represents a total annual volatility of 128.6710 SYP. From a start-to-finish perspective, comparing the January average rate of 33.9311 to the December average rate of 158.2398, the exchange rate registered a net change of 366.36% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 161.6754 was up 339.78% compared to the 2020 peak of 36.7629, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
ZAR to SYP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 64.0671, compared to 102.1844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 38.1173 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 79.4301 SYP (High: 159.7652 / Low: 80.3352). On the other end, February was the most stable month, with a tight range of 1.5614 SYP (High: 35.4869 / Low: 33.9255).
Growth Streaks & Declines
TrendsBetween 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 June and July, when the average rate fell by 3.6633 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 158.2398) against the same month in 2020 (average: 34.4984), the exchange rate shifted by +123.7414 (+358.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 35.0156 | 33.0493 | 33.9311 |
| February | 35.4869 | 33.9255 | 34.7250 |
| March | 85.0649 | 33.0044 | 48.6949 |
| April | 88.7705 | 85.7814 | 87.1897 |
| May | 91.6486 | 86.7694 | 89.4905 |
| June | 93.6952 | 87.6429 | 90.3715 |
| July | 88.7028 | 84.7079 | 86.7082 |
| August | 87.8256 | 82.0782 | 85.0337 |
| September | 88.9073 | 82.8664 | 86.3013 |
| October | 87.2335 | 82.4573 | 84.5236 |
| November | 159.7652 | 80.3352 | 112.2996 |
| December | 161.6754 | 155.6965 | 158.2398 |