YEARLY HIGH
82.8594 KRW
YEARLY LOW
70.7188 KRW
YEARLY AVERAGE
77.4804 KRW

2021 ZAR to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on September 13, valuing the pair at 82.8594. Conversely, the yearly low was recorded on January 11, dropping to 70.7188.

This high-to-low spread represents a total annual volatility of 12.1405 KRW. From a start-to-finish perspective, comparing the January average rate of 72.7601 to the December average rate of 74.5960, the exchange rate registered a net change of 2.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 82.8594 was up 0.51% compared to the 2020 peak of 82.4419, 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 4,142,968 KRW
2020 Average 3,596,114 KRW
Yearly Trough Low 3,535,941 KRW
Transaction Impact: A difference of 607,027.16 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

81.4556
71.9697
JanuMarcMayJulySeptNove

ZAR to KRW 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 76.9244, compared to 78.0364 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1120 points.

H1 Avg (Jan–Jun) 76.9244
H2 Avg (Jul–Dec) 78.0364

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 7.0113 KRW (High: 80.4932 / Low: 73.4819). On the other end, April was the most stable month, with a tight range of 2.1518 KRW (High: 78.8269 / Low: 76.6752).

November Spread (Volatile) ±7.0113
April Spread (Stable) ±2.1518

Growth Streaks & Declines

Trends

Between 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 October and November, when the average rate fell by 3.1803 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -3.1803

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 80.4822) against the same month in 2020 (average: 70.4549), the exchange rate shifted by +10.0273 (+14.23%).

2021 Avg (September) 80.4822
2020 Avg (September) 70.4549

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 74.1915 70.7188 72.7601
February 76.3751 74.1849 75.2967
March 76.7395 73.4313 75.4320
April 78.8269 76.6752 77.5648
May 81.2623 77.1124 79.8277
June 82.7398 78.8380 80.6651
July 80.7717 77.6081 78.9145
August 80.2349 76.7008 78.4647
September 82.8594 78.3231 80.4822
October 81.5851 77.0381 79.4707
November 80.4932 73.4819 76.2904
December 76.3590 73.3942 74.5960