YEARLY HIGH
0.0257 ZAR
YEARLY LOW
0.0217 ZAR
YEARLY AVERAGE
0.0238 ZAR

2021 CRC to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CRC to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 0.0257. Conversely, the yearly low was recorded on June 6, dropping to 0.0217.

This high-to-low spread represents a total annual volatility of 0.0040 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0247 to the December average rate of 0.0249, the exchange rate registered a net change of 0.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0257 was down 23.72% compared to the 2020 peak of 0.0337, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CRC based on timing:

Yearly Peak High 128 ZAR
2020 Average 141 ZAR
Yearly Trough Low 108 ZAR
Transaction Impact: A difference of 20.11 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0252
0.0223
JanuMarcMayJulySeptNove

CRC to ZAR 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 0.0237, compared to 0.0239 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0237
H2 Avg (Jul–Dec) 0.0239

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0024 ZAR (High: 0.0257 / Low: 0.0233). On the other end, April was the most stable month, with a tight range of 0.0009 ZAR (High: 0.0240 / Low: 0.0231).

November Spread (Volatile) ±0.0024
April Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0243) against the same month in 2020 (average: 0.0255), the exchange rate shifted by -0.0012 (-4.59%).

2021 Avg (November) 0.0243
2020 Avg (November) 0.0255

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0253 0.0239 0.0247
February 0.0247 0.0237 0.0241
March 0.0254 0.0240 0.0245
April 0.0240 0.0231 0.0235
May 0.0235 0.0222 0.0228
June 0.0232 0.0217 0.0225
July 0.0240 0.0229 0.0234
August 0.0247 0.0231 0.0238
September 0.0243 0.0226 0.0233
October 0.0242 0.0229 0.0237
November 0.0257 0.0233 0.0243
December 0.0257 0.0242 0.0249