YEARLY HIGH
0.0141 ZAR
YEARLY LOW
0.0121 ZAR
YEARLY AVERAGE
0.0129 ZAR

2021 KRW to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KRW to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.0141. Conversely, the yearly low was recorded on September 13, dropping to 0.0121.

This high-to-low spread represents a total annual volatility of 0.0021 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0137 to the December average rate of 0.0134, the exchange rate registered a net change of -2.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0141 was down 9.26% compared to the 2020 peak of 0.0156, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70,703 ZAR
2020 Average 69,777 ZAR
Yearly Trough Low 60,343 ZAR
Transaction Impact: A difference of 10,359.33 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0139
0.0123
JanuMarcMayJulySeptNove

KRW 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 0.0130, compared to 0.0128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0130
H2 Avg (Jul–Dec) 0.0128

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0012 ZAR (High: 0.0136 / Low: 0.0124). On the other end, April was the most stable month, with a tight range of 0.0004 ZAR (High: 0.0130 / Low: 0.0127).

November Spread (Volatile) ±0.0012
April Spread (Stable) ±0.0004

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 January and February, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0137) against the same month in 2020 (average: 0.0124), the exchange rate shifted by +0.0014 (+11.26%).

2021 Avg (January) 0.0137
2020 Avg (January) 0.0124

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0141 0.0135 0.0137
February 0.0135 0.0131 0.0133
March 0.0136 0.0130 0.0133
April 0.0130 0.0127 0.0129
May 0.0130 0.0123 0.0125
June 0.0127 0.0121 0.0124
July 0.0129 0.0124 0.0127
August 0.0130 0.0125 0.0127
September 0.0128 0.0121 0.0124
October 0.0130 0.0123 0.0126
November 0.0136 0.0124 0.0131
December 0.0136 0.0131 0.0134