YEARLY HIGH
15.9601 ZAR
YEARLY LOW
0.0376 ZAR
YEARLY AVERAGE
0.4207 ZAR

2021 MRO to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MRO to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 15.9601. Conversely, the yearly low was recorded on June 6, dropping to 0.0376.

This high-to-low spread represents a total annual volatility of 15.9224 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0423 to the December average rate of 4.5957, the exchange rate registered a net change of 10752.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 15.9601 was up 29467.80% compared to the 2020 peak of 0.0540, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 79,800 ZAR
2020 Average 231 ZAR
Yearly Trough Low 188 ZAR
Transaction Impact: A difference of 79,612.24 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

5.0514
-0.4167
JanuMarcMayJulySeptNove

MRO 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: JanтАУJun) was 0.0407, compared to 0.8006 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.7599 points.

H1 Avg (JanтАУJun) 0.0407
H2 Avg (JulтАУDec) 0.8006

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 15.9160 ZAR (High: 15.9601 / Low: 0.0440). On the other end, April was the most stable month, with a tight range of 0.0014 ZAR (High: 0.0411 / Low: 0.0397).

December Spread (Volatile) ┬▒15.9160
April Spread (Stable) ┬▒0.0014

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 0.0016 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 4.5957) against the same month in 2020 (average: 0.0417), the exchange rate shifted by +4.5540 (+10932.62%).

2021 Avg (December) 4.5957
2020 Avg (December) 0.0417

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

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Month High Low Average
January 0.0435 0.0410 0.0423
February 0.0423 0.0405 0.0414
March 0.0435 0.0410 0.0420
April 0.0411 0.0397 0.0404
May 0.0406 0.0384 0.0394
June 0.0402 0.0376 0.0390
July 0.0416 0.0397 0.0406
August 0.0429 0.0401 0.0414
September 0.0425 0.0396 0.0408
October 0.0427 0.0404 0.0417
November 0.0456 0.0418 0.0436
December 15.9601 0.0440 4.5957