YEARLY HIGH
1064.9020 IDR
YEARLY LOW
885.4116 IDR
YEARLY AVERAGE
968.9389 IDR

2021 ZAR to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 1064.9020. Conversely, the yearly low was recorded on November 25, dropping to 885.4116.

This high-to-low spread represents a total annual volatility of 179.4904 IDR. From a start-to-finish perspective, comparing the January average rate of 930.2619 to the December average rate of 902.1403, the exchange rate registered a net change of -3.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1064.9020 was up 7.38% compared to the 2020 peak of 991.7294, 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 53,245,102 IDR
2020 Average 44,310,915 IDR
Yearly Trough Low 44,270,581 IDR
Transaction Impact: A difference of 8,974,521.04 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1044.5085
889.1977
JanuMarcMayJulySeptNove

ZAR to IDR 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 983.4975, compared to 954.3803 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 29.1172 points.

H1 Avg (Jan–Jun) 983.4975
H2 Avg (Jul–Dec) 954.3803

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 70.0104 IDR (High: 955.4220 / Low: 885.4116). On the other end, December was the most stable month, with a tight range of 25.4945 IDR (High: 914.6515 / Low: 889.1570).

November Spread (Volatile) ±70.0104
December Spread (Stable) ±25.4945

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 35.2620 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -35.2620

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 1031.5660) against the same month in 2020 (average: 829.5922), the exchange rate shifted by +201.9738 (+24.35%).

2021 Avg (June) 1031.5660
2020 Avg (June) 829.5922

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 969.3845 900.7974 930.2619
February 971.2749 931.1904 951.8446
March 985.4488 923.9695 960.6467
April 1032.2354 991.5686 1008.1101
May 1042.7585 996.3781 1018.5558
June 1064.9020 1002.4175 1031.5660
July 1021.6967 975.0629 1000.0232
August 1002.6870 941.6953 972.6458
September 1007.2742 945.0092 978.5848
October 979.9064 933.1953 954.0750
November 955.4220 885.4116 918.8129
December 914.6515 889.1570 902.1403