YEARLY HIGH
0.2168 ZAR
YEARLY LOW
0.1841 ZAR
YEARLY AVERAGE
0.2001 ZAR

2021 INR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the INR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.2168. Conversely, the yearly low was recorded on June 6, dropping to 0.1841.

This high-to-low spread represents a total annual volatility of 0.0327 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.2068 to the December average rate of 0.2106, the exchange rate registered a net change of 1.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2168 was down 14.21% compared to the 2020 peak of 0.2528, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 54,208 ZAR
2020 Average 55,486 ZAR
Yearly Trough Low 46,029 ZAR
Transaction Impact: A difference of 8,179.60 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2127
0.1870
JanuMarcMayJulySeptNove

INR 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 0.1984, compared to 0.2017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.1984
H2 Avg (Jul–Dec) 0.2017

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0150 ZAR (High: 0.2168 / Low: 0.2018). On the other end, May was the most stable month, with a tight range of 0.0068 ZAR (High: 0.1961 / Low: 0.1893).

November Spread (Volatile) ±0.0150
May Spread (Stable) ±0.0068

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 0.0122 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.2089) against the same month in 2020 (average: 0.2091), the exchange rate shifted by -0.0002 (-0.11%).

2021 Avg (November) 0.2089
2020 Avg (November) 0.2091

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2111 0.2005 0.2068
February 0.2060 0.1989 0.2028
March 0.2118 0.2018 0.2059
April 0.1998 0.1889 0.1937
May 0.1961 0.1893 0.1920
June 0.1936 0.1841 0.1891
July 0.1994 0.1904 0.1947
August 0.2062 0.1929 0.1996
September 0.2042 0.1923 0.1981
October 0.2035 0.1926 0.1986
November 0.2168 0.2018 0.2089
December 0.2145 0.2071 0.2106