YEARLY HIGH
3.8958 ZAR
YEARLY LOW
3.3166 ZAR
YEARLY AVERAGE
3.5543 ZAR

2021 RON to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RON to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 3.8958. Conversely, the yearly low was recorded on June 6, dropping to 3.3166.

This high-to-low spread represents a total annual volatility of 0.5792 ZAR. From a start-to-finish perspective, comparing the January average rate of 3.7769 to the December average rate of 3.6270, the exchange rate registered a net change of -3.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.8958 was down 9.54% compared to the 2020 peak of 4.3068, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19,479 ZAR
2020 Average 19,409 ZAR
Yearly Trough Low 16,583 ZAR
Transaction Impact: A difference of 2,895.86 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.8144
3.3653
JanuMarcMayJulySeptNove

RON 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 3.5773, compared to 3.5314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0459 points.

H1 Avg (Jan–Jun) 3.5773
H2 Avg (Jul–Dec) 3.5314

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.2429 ZAR (High: 3.7670 / Low: 3.5241). On the other end, April was the most stable month, with a tight range of 0.0971 ZAR (High: 3.5389 / Low: 3.4418).

March Spread (Volatile) ±0.2429
April Spread (Stable) ±0.0971

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 0.1431 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1431

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 3.7769) against the same month in 2020 (average: 3.3474), the exchange rate shifted by +0.4296 (+12.83%).

2021 Avg (January) 3.7769
2020 Avg (January) 3.3474

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.8958 3.6812 3.7769
February 3.7516 3.5965 3.6641
March 3.7670 3.5241 3.6481
April 3.5389 3.4418 3.5050
May 3.5575 3.4125 3.4670
June 3.4659 3.3166 3.4027
July 3.5548 3.4174 3.4836
August 3.6323 3.4551 3.5366
September 3.5668 3.3762 3.4687
October 3.5708 3.3956 3.4873
November 3.7216 3.4939 3.5851
December 3.6895 3.5537 3.6270