2021 ZAR to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 ZAR to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the ZAR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 16956.4528. Conversely, the yearly low was recorded on November 27, dropping to 0.0614.
This high-to-low spread represents a total annual volatility of 16956.3913 VEF. From a start-to-finish perspective, comparing the January average rate of 1640.3996 to the December average rate of 0.0630, the exchange rate registered a net change of -100.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 16956.4528 was down 4.40% compared to the 2020 peak of 17737.0814, 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 VEF 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 273.4577, compared to 0.0666 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 273.3911 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was January, with a trading range of 16956.3884 VEF (High: 16956.4528 / Low: 0.0644). On the other end, December was the most stable month, with a tight range of 0.0024 VEF (High: 0.0643 / Low: 0.0620).
Growth Streaks & Declines
TrendsBetween 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 January and February, when the average rate fell by 1640.3319 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 1640.3996) against the same month in 2020 (average: 17251.2452), the exchange rate shifted by -15610.8457 (-90.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16956.4528 | 0.0644 | 1640.3996 |
| February | 0.0692 | 0.0662 | 0.0677 |
| March | 0.0683 | 0.0644 | 0.0667 |
| April | 0.0706 | 0.0682 | 0.0693 |
| May | 0.0729 | 0.0690 | 0.0712 |
| June | 0.0745 | 0.0697 | 0.0718 |
| July | 0.0705 | 0.0674 | 0.0689 |
| August | 0.0698 | 0.0653 | 0.0676 |
| September | 0.0707 | 0.0659 | 0.0686 |
| October | 0.0694 | 0.0656 | 0.0672 |
| November | 0.0670 | 0.0614 | 0.0643 |
| December | 0.0643 | 0.0620 | 0.0630 |