YEARLY HIGH
4.3386 ZAR
YEARLY LOW
3.5795 ZAR
YEARLY AVERAGE
3.9430 ZAR

2021 SAR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SAR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 4.3386. Conversely, the yearly low was recorded on June 5, dropping to 3.5795.

This high-to-low spread represents a total annual volatility of 0.7591 ZAR. From a start-to-finish perspective, comparing the January average rate of 4.0301 to the December average rate of 4.2313, the exchange rate registered a net change of 4.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.3386 was down 15.28% compared to the 2020 peak of 5.1209, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21,693 ZAR
2020 Average 21,942 ZAR
Yearly Trough Low 17,897 ZAR
Transaction Impact: A difference of 3,795.59 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.2831
3.6615
JanuMarcMayJulySeptNove

SAR 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 3.8785, compared to 4.0075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1290 points.

H1 Avg (Jan–Jun) 3.8785
H2 Avg (Jul–Dec) 4.0075

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.3609 ZAR (High: 4.3386 / Low: 3.9777). On the other end, April was the most stable month, with a tight range of 0.1317 ZAR (High: 3.9092 / Low: 3.7775).

November Spread (Volatile) ±0.3609
April Spread (Stable) ±0.1317

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 0.1492 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1492

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 4.1477) against the same month in 2020 (average: 4.1386), the exchange rate shifted by +0.0091 (+0.22%).

2021 Avg (November) 4.1477
2020 Avg (November) 4.1386

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.1357 3.9062 4.0301
February 4.0301 3.8527 3.9378
March 4.1405 3.9031 3.9955
April 3.9092 3.7775 3.8463
May 3.8648 3.6586 3.7481
June 3.8273 3.5795 3.7133
July 3.9580 3.7803 3.8677
August 4.0856 3.8171 3.9447
September 4.0452 3.7715 3.8871
October 4.0649 3.8413 3.9667
November 4.3386 3.9777 4.1477
December 4.3017 4.1381 4.2313