YEARLY HIGH
0.0513 ZAR
YEARLY LOW
0.0423 ZAR
YEARLY AVERAGE
0.0470 ZAR

2023 AMD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AMD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.0513. Conversely, the yearly low was recorded on January 12, dropping to 0.0423.

This high-to-low spread represents a total annual volatility of 0.0090 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0432 to the December average rate of 0.0460, the exchange rate registered a net change of 6.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0513 was up 11.39% compared to the 2022 peak of 0.0461, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 257 ZAR
2022 Average 190 ZAR
Yearly Trough Low 211 ZAR
Transaction Impact: A difference of 45.16 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0500
0.0426
JanuMarcMayJulySeptNove

AMD 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 0.0467, compared to 0.0473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0467
H2 Avg (Jul–Dec) 0.0473

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0044 ZAR (High: 0.0497 / Low: 0.0453). On the other end, January was the most stable month, with a tight range of 0.0017 ZAR (High: 0.0439 / Low: 0.0423).

July Spread (Volatile) ±0.0044
January Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0020 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0494) against the same month in 2022 (average: 0.0347), the exchange rate shifted by +0.0147 (+42.41%).

2023 Avg (May) 0.0494
2022 Avg (May) 0.0347

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0439 0.0423 0.0432
February 0.0473 0.0430 0.0455
March 0.0491 0.0456 0.0471
April 0.0478 0.0457 0.0468
May 0.0513 0.0472 0.0494
June 0.0508 0.0471 0.0485
July 0.0497 0.0453 0.0470
August 0.0496 0.0472 0.0486
September 0.0499 0.0477 0.0491
October 0.0484 0.0456 0.0471
November 0.0469 0.0452 0.0461
December 0.0473 0.0450 0.0460