YEARLY HIGH
1.2723 ZAR
YEARLY LOW
0.6814 ZAR
YEARLY AVERAGE
0.9487 ZAR

2021 SCR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SCR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 1.2723. Conversely, the yearly low was recorded on February 15, dropping to 0.6814.

This high-to-low spread represents a total annual volatility of 0.5909 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.7121 to the December average rate of 1.1807, the exchange rate registered a net change of 65.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.2723 was down 8.80% compared to the 2020 peak of 1.3950, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,362 ZAR
2020 Average 4,891 ZAR
Yearly Trough Low 3,407 ZAR
Transaction Impact: A difference of 2,954.52 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.2290
0.6493
JanuMarcMayJulySeptNove

SCR 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 0.7995, compared to 1.0978 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.2984 points.

H1 Avg (JanтАУJun) 0.7995
H2 Avg (JulтАУDec) 1.0978

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.3236 ZAR (High: 1.0284 / Low: 0.7048). On the other end, February was the most stable month, with a tight range of 0.0341 ZAR (High: 0.7155 / Low: 0.6814).

April Spread (Volatile) ┬▒0.3236
February Spread (Stable) ┬▒0.0341

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0325 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0325

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 1.1540) against the same month in 2020 (average: 0.7627), the exchange rate shifted by +0.3912 (+51.29%).

2021 Avg (November) 1.1540
2020 Avg (November) 0.7627

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

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 0.7317 0.6911 0.7121
February 0.7155 0.6814 0.6977
March 0.7361 0.6837 0.7081
April 1.0284 0.7048 0.8898
May 0.9788 0.8340 0.8935
June 0.9698 0.8193 0.8957
July 1.0728 0.8793 0.9828
August 1.1788 0.9640 1.0803
September 1.1721 1.0620 1.1109
October 1.1661 0.9853 1.0784
November 1.2723 1.0513 1.1540
December 1.2607 1.0622 1.1807