2021 TOP to ZAR Historical Review

YEARLY HIGH

7.1463 ZAR

YEARLY LOW

6.0157 ZAR

YEARLY AVERAGE

6.5268 ZAR

2021 TOP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TOP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 7.1463. Conversely, the yearly low was recorded on June 6, dropping to 6.0157.

This high-to-low spread represents a total annual volatility of 1.1306 ZAR. From a start-to-finish perspective, comparing the January average rate of 6.6276 to the December average rate of 6.9501, the exchange rate registered a net change of 4.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 7.1463 was down 12.91% compared to the 2020 peak of 8.2056, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35,731 ZAR

2020 Average 35,774 ZAR

Yearly Trough Low 30,079 ZAR

Transaction Impact: A difference of 5,652.88 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

7.0221

6.1583

JanuMarcMayJulySeptNove

TOP 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 6.4074, compared to 6.6462 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2387 points.

H1 Avg (Jan–Jun) 6.4074

H2 Avg (Jul–Dec) 6.6462

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.5069 ZAR (High: 7.1463 / Low: 6.6394). On the other end, April was the most stable month, with a tight range of 0.2094 ZAR (High: 6.4146 / Low: 6.2053).

November Spread (Volatile) ±0.5069

April Spread (Stable) ±0.2094

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 0.2349 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2349

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 6.8902) against the same month in 2020 (average: 6.7451), the exchange rate shifted by +0.1451 (+2.15%).

2021 Avg (November) 6.8902

2020 Avg (November) 6.7451

मासिक विश्लेषण

प्रत्येक कॅलेंडर महिन्यासाठी सांख्यिकीय सारांश.

Month	High	Low	Average
January	6.8442	6.4383	6.6276
February	6.6527	6.2967	6.4349
March	6.7820	6.4519	6.5721
April	6.4146	6.2053	6.3372
May	6.4118	6.1234	6.2423
June	6.4133	6.0157	6.2303
July	6.5682	6.2963	6.4255
August	6.7275	6.3313	6.5349
September	6.6950	6.2925	6.4727
October	6.8175	6.4097	6.6035
November	7.1463	6.6394	6.8902
December	7.0572	6.8211	6.9501

२०२५ भारतीय रुपया ते ब्रिटिश पाउंड ऐतिहासिक आढावा