YEARLY HIGH
3139.2076 IRR
YEARLY LOW
2597.7098 IRR
YEARLY AVERAGE
2854.8648 IRR

2021 ZAR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 3139.2076. Conversely, the yearly low was recorded on November 27, dropping to 2597.7098.

This high-to-low spread represents a total annual volatility of 541.4977 IRR. From a start-to-finish perspective, comparing the January average rate of 2785.9393 to the December average rate of 2661.7347, the exchange rate registered a net change of -4.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3139.2076 was down 18.58% compared to the 2020 peak of 3855.7827, 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 156,960,378 IRR
2020 Average 128,827,136 IRR
Yearly Trough Low 129,885,492 IRR
Transaction Impact: A difference of 27,074,885.81 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3061.9251
2625.3537
JanuMarcMayJulySeptNove

ZAR to IRR 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 2898.0554, compared to 2811.6742 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 86.3812 points.

H1 Avg (JanтАУJun) 2898.0554
H2 Avg (JulтАУDec) 2811.6742

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 234.2874 IRR (High: 2831.9972 / Low: 2597.7098). On the other end, April was the most stable month, with a tight range of 100.2551 IRR (High: 2972.2365 / Low: 2871.9815).

November Spread (Volatile) ┬▒234.2874
April Spread (Stable) ┬▒100.2551

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 120.6539 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -120.6539

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 3025.5441) against the same month in 2020 (average: 2459.9617), the exchange rate shifted by +565.5824 (+22.99%).

2021 Avg (June) 3025.5441
2020 Avg (June) 2459.9617

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 2878.9846 2713.2133 2785.9393
February 2914.0223 2785.6250 2851.2943
March 2875.8258 2710.4536 2810.2704
April 2972.2365 2871.9815 2919.1046
May 3068.3806 2904.7547 2996.1798
June 3139.2076 2933.6128 3025.5441
July 2972.4054 2839.4413 2905.1393
August 2944.3243 2753.8930 2851.4641
September 2981.0969 2782.0799 2896.2094
October 2928.4729 2771.0133 2838.0758
November 2831.9972 2597.7098 2717.4219
December 2720.3289 2618.1798 2661.7347