YEARLY HIGH
1.5438 SRD
YEARLY LOW
0.9111 SRD
YEARLY AVERAGE
1.2292 SRD

2021 ZAR to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 1.5438. Conversely, the yearly low was recorded on March 8, dropping to 0.9111.

This high-to-low spread represents a total annual volatility of 0.6326 SRD. From a start-to-finish perspective, comparing the January average rate of 0.9364 to the December average rate of 1.3347, the exchange rate registered a net change of 42.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.5438 was up 58.51% compared to the 2020 peak of 0.9739, 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 77,188 SRD
2020 Average 28,669 SRD
Yearly Trough Low 45,557 SRD
Transaction Impact: A difference of 31,630.40 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.5199
0.8834
JanuMarcMayJulySeptNove

ZAR to SRD 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 1.0366, compared to 1.4217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3850 points.

H1 Avg (Jan–Jun) 1.0366
H2 Avg (Jul–Dec) 1.4217

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.5153 SRD (High: 1.5438 / Low: 1.0285). On the other end, April was the most stable month, with a tight range of 0.0337 SRD (High: 0.9991 / Low: 0.9654).

June Spread (Volatile) ±0.5153
April Spread (Stable) ±0.0337

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0573 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0573

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 1.3918) against the same month in 2020 (average: 0.4357), the exchange rate shifted by +0.9561 (+219.46%).

2021 Avg (June) 1.3918
2020 Avg (June) 0.4357

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9658 0.9121 0.9364
February 0.9796 0.9364 0.9585
March 0.9667 0.9111 0.9446
April 0.9991 0.9654 0.9813
May 1.0315 0.9765 1.0072
June 1.5438 1.0285 1.3918
July 1.4817 1.4294 1.4585
August 1.4963 1.3964 1.4463
September 1.5105 1.4093 1.4668
October 1.4872 1.4106 1.4405
November 1.4406 1.3216 1.3832
December 1.3702 1.2426 1.3347