YEARLY HIGH
26.5946 MRO
YEARLY LOW
0.0627 MRO
YEARLY AVERAGE
23.6289 MRO

2021 ZAR to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 26.5946. Conversely, the yearly low was recorded on December 30, dropping to 0.0627.

This high-to-low spread represents a total annual volatility of 26.5319 MRO. From a start-to-finish perspective, comparing the January average rate of 23.6193 to the December average rate of 15.9089, the exchange rate registered a net change of -32.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 26.5946 was up 4.36% compared to the 2020 peak of 25.4827, 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 1,329,730 MRO
2020 Average 1,090,585 MRO
Yearly Trough Low 3,133 MRO
Transaction Impact: A difference of 1,326,597.31 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

26.6244
14.9347
JanuMarcMayJulySeptNove

ZAR to MRO 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 24.5709, compared to 22.6868 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 1.8841 points.

H1 Avg (JanтАУJun) 24.5709
H2 Avg (JulтАУDec) 22.6868

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 22.6629 MRO (High: 22.7255 / Low: 0.0627). On the other end, April was the most stable month, with a tight range of 0.8500 MRO (High: 25.2010 / Low: 24.3510).

December Spread (Volatile) ┬▒22.6629
April Spread (Stable) ┬▒0.8500

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 November and December, when the average rate fell by 7.0507 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -7.0507

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 25.6503) against the same month in 2020 (average: 20.8544), the exchange rate shifted by +4.7958 (+23.00%).

2021 Avg (June) 25.6503
2020 Avg (June) 20.8544

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 24.3612 23.0048 23.6193
February 24.7074 23.6188 24.1756
March 24.3835 22.9814 23.8264
April 25.2010 24.3510 24.7505
May 26.0162 24.6288 25.4033
June 26.5946 24.8735 25.6503
July 25.1770 24.0479 24.6141
August 24.9362 23.2992 24.1385
September 25.2372 23.5279 24.4997
October 24.7755 23.4142 24.0002
November 23.9295 21.9369 22.9595
December 22.7255 0.0627 15.9089