2024 ALL to ZAR Historical Review

YEARLY HIGH

0.2061 ZAR

YEARLY LOW

0.1895 ZAR

YEARLY AVERAGE

0.1970 ZAR

2024 ALL to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ALL to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 0.2061. Conversely, the yearly low was recorded on December 11, dropping to 0.1895.

This high-to-low spread represents a total annual volatility of 0.0166 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1970 to the December average rate of 0.1944, the exchange rate registered a net change of -1.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2061 was up 1.91% compared to the 2023 peak of 0.2022, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,031 ZAR

2023 Average 920 ZAR

Yearly Trough Low 948 ZAR

Transaction Impact: A difference of 83.06 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2001

0.1935

JanuMarcMayJulySeptNove

ALL 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 0.1980, compared to 0.1960 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.1980

H2 Avg (Jul–Dec) 0.1960

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0143 ZAR (High: 0.2061 / Low: 0.1918). On the other end, October was the most stable month, with a tight range of 0.0039 ZAR (High: 0.1962 / Low: 0.1923).

June Spread (Volatile) ±0.0143

October Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

Between January and April, 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 September and October, when the average rate fell by 0.0026 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.1974) against the same month in 2023 (average: 0.1892), the exchange rate shifted by +0.0082 (+4.33%).

2024 Avg (June) 0.1974

2023 Avg (June) 0.1892

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2015	0.1929	0.1970
February	0.2016	0.1942	0.1977
March	0.2014	0.1963	0.1982
April	0.2035	0.1962	0.1996
May	0.2016	0.1956	0.1979
June	0.2061	0.1918	0.1974
July	0.1995	0.1942	0.1971
August	0.2043	0.1963	0.1991
September	0.1990	0.1928	0.1966
October	0.1962	0.1923	0.1941
November	0.1988	0.1899	0.1947
December	0.2001	0.1895	0.1944