YEARLY HIGH
16.2739 ZAR
YEARLY LOW
13.4238 ZAR
YEARLY AVERAGE
14.7898 ZAR

2021 IMP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IMP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 16.2739. Conversely, the yearly low was recorded on June 6, dropping to 13.4238.

This high-to-low spread represents a total annual volatility of 2.8502 ZAR. From a start-to-finish perspective, comparing the January average rate of 15.1178 to the December average rate of 15.8796, the exchange rate registered a net change of 5.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 16.2739 was down 15.55% compared to the 2020 peak of 19.2701, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 81,370 ZAR
2020 Average 82,347 ZAR
Yearly Trough Low 67,119 ZAR
Transaction Impact: A difference of 14,250.90 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

16.0750
13.7301
JanuMarcMayJulySeptNove

IMP 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 14.5469, compared to 15.0326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4857 points.

H1 Avg (Jan–Jun) 14.5469
H2 Avg (Jul–Dec) 15.0326

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 1.3552 ZAR (High: 16.2739 / Low: 14.9188). On the other end, April was the most stable month, with a tight range of 0.4945 ZAR (High: 14.6606 / Low: 14.1661).

November Spread (Volatile) ±1.3552
April Spread (Stable) ±0.4945

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 0.5608 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5608

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 15.5587) against the same month in 2020 (average: 15.5218), the exchange rate shifted by +0.0368 (+0.24%).

2021 Avg (November) 15.5587
2020 Avg (November) 15.5218

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.5185 14.6545 15.1178
February 15.1151 14.4491 14.7697
March 15.5343 14.6410 14.9865
April 14.6606 14.1661 14.4256
May 14.4952 13.7222 14.0565
June 14.3526 13.4238 13.9255
July 14.8453 14.1796 14.5068
August 15.3224 14.3165 14.7940
September 15.1735 14.1458 14.5788
October 15.2471 14.4094 14.8777
November 16.2739 14.9188 15.5587
December 16.1372 15.5404 15.8796