2021 ZAR to TRY Historical Review

YEARLY HIGH

1.0467 TRY

YEARLY LOW

0.4732 TRY

YEARLY AVERAGE

0.5987 TRY

2021 ZAR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 1.0467. Conversely, the yearly low was recorded on February 7, dropping to 0.4732.

This high-to-low spread represents a total annual volatility of 0.5735 TRY. From a start-to-finish perspective, comparing the January average rate of 0.4896 to the December average rate of 0.8470, the exchange rate registered a net change of 72.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0467 was up 91.39% compared to the 2020 peak of 0.5469, 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 52,333 TRY

2020 Average 21,428 TRY

Yearly Trough Low 23,658 TRY

Transaction Impact: A difference of 28,675.25 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8836

0.4444

JanuMarcMayJulySeptNove

ZAR to TRY 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 0.5449, compared to 0.6526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1078 points.

H1 Avg (Jan–Jun) 0.5449

H2 Avg (Jul–Dec) 0.6526

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.3594 TRY (High: 1.0467 / Low: 0.6873). On the other end, February was the most stable month, with a tight range of 0.0213 TRY (High: 0.4944 / Low: 0.4732).

December Spread (Volatile) ±0.3594

February Spread (Stable) ±0.0213

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0279 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0279

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.8470) against the same month in 2020 (average: 0.5180), the exchange rate shifted by +0.3290 (+63.52%).

2021 Avg (December) 0.8470

2020 Avg (December) 0.5180

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5078	0.4752	0.4896
February	0.4944	0.4732	0.4810
March	0.5587	0.4854	0.5136
April	0.5895	0.5554	0.5673
May	0.6224	0.5718	0.5971
June	0.6465	0.6066	0.6205
July	0.6108	0.5763	0.5927
August	0.5905	0.5545	0.5733
September	0.5974	0.5736	0.5880
October	0.6557	0.5884	0.6213
November	0.8497	0.6186	0.6935
December	1.0467	0.6873	0.8470