YEARLY HIGH
1.4676 SCR
YEARLY LOW
0.7860 SCR
YEARLY AVERAGE
1.0948 SCR

2021 ZAR to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 1.4676. Conversely, the yearly low was recorded on November 27, dropping to 0.7860.

This high-to-low spread represents a total annual volatility of 0.6816 SCR. From a start-to-finish perspective, comparing the January average rate of 1.4046 to the December average rate of 0.8484, the exchange rate registered a net change of -39.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.4676 was up 0.58% compared to the 2020 peak of 1.4590, 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 73,378 SCR
2020 Average 52,404 SCR
Yearly Trough Low 39,299 SCR
Transaction Impact: A difference of 34,079.55 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.4922
0.7899
JanuMarcMayJulySeptNove

ZAR to SCR 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 1.2736, compared to 0.9161 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3575 points.

H1 Avg (Jan–Jun) 1.2736
H2 Avg (Jul–Dec) 0.9161

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.4464 SCR (High: 1.4188 / Low: 0.9724). On the other end, February was the most stable month, with a tight range of 0.0699 SCR (High: 1.4676 / Low: 1.3977).

April Spread (Volatile) ±0.4464
February Spread (Stable) ±0.0699

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2649 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.2649

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 1.4337) against the same month in 2020 (average: 0.9079), the exchange rate shifted by +0.5258 (+57.91%).

2021 Avg (February) 1.4337
2020 Avg (February) 0.9079

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4470 1.3666 1.4046
February 1.4676 1.3977 1.4337
March 1.4627 1.3585 1.4127
April 1.4188 0.9724 1.1478
May 1.1990 1.0216 1.1224
June 1.2205 1.0312 1.1204
July 1.1373 0.9321 1.0198
August 1.0373 0.8483 0.9293
September 0.9416 0.8532 0.9008
October 1.0149 0.8576 0.9292
November 0.9512 0.7860 0.8691
December 0.9414 0.7932 0.8484