2024 ANG to ZAR Historical Review

YEARLY HIGH

10.7293 ZAR

YEARLY LOW

9.4903 ZAR

YEARLY AVERAGE

10.1737 ZAR

2024 ANG to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ANG to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 10.7293. Conversely, the yearly low was recorded on September 29, dropping to 9.4903.

This high-to-low spread represents a total annual volatility of 1.2390 ZAR. From a start-to-finish perspective, comparing the January average rate of 10.4061 to the December average rate of 10.1255, the exchange rate registered a net change of -2.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 10.7293 was down 2.29% compared to the 2023 peak of 10.9803, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 53,647 ZAR

2023 Average 51,217 ZAR

Yearly Trough Low 47,452 ZAR

Transaction Impact: A difference of 6,195.16 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.6304

9.6631

JanuMarcMayJulySeptNove

ANG 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 10.3902, compared to 9.9573 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4329 points.

H1 Avg (Jan–Jun) 10.3902

H2 Avg (Jul–Dec) 9.9573

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.6521 ZAR (High: 10.4860 / Low: 9.8338). On the other end, October was the most stable month, with a tight range of 0.2629 ZAR (High: 9.8733 / Low: 9.6105).

December Spread (Volatile) ±0.6521

October Spread (Stable) ±0.2629

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.2716 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2716

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 10.4834) against the same month in 2023 (average: 10.0897), the exchange rate shifted by +0.3937 (+3.90%).

2024 Avg (April) 10.4834

2023 Avg (April) 10.0897

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.6611	10.1398	10.4061
February	10.7235	10.3283	10.5498
March	10.6256	10.3041	10.4693
April	10.7293	10.2383	10.4834
May	10.4331	10.0201	10.2186
June	10.5394	9.9476	10.2139
July	10.3240	9.9775	10.1176
August	10.3871	9.8200	10.0325
September	9.9679	9.4903	9.7610
October	9.8733	9.6105	9.7437
November	10.1454	9.6043	9.9634
December	10.4860	9.8338	10.1255