YEARLY HIGH
12.6739 ZAR
YEARLY LOW
11.2986 ZAR
YEARLY AVERAGE
12.0922 ZAR

2024 AUD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AUD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 12.6739. Conversely, the yearly low was recorded on December 11, dropping to 11.2986.

This high-to-low spread represents a total annual volatility of 1.3753 ZAR. From a start-to-finish perspective, comparing the January average rate of 12.4586 to the December average rate of 11.5361, the exchange rate registered a net change of -7.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.6739 was down 2.00% compared to the 2023 peak of 12.9320, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 63,370 ZAR
2023 Average 61,269 ZAR
Yearly Trough Low 56,493 ZAR
Transaction Impact: A difference of 6,876.74 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.5509
11.4438
JanuMarcMayJulySeptNove

AUD 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 12.3263, compared to 11.8580 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4683 points.

H1 Avg (Jan–Jun) 12.3263
H2 Avg (Jul–Dec) 11.8580

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.7026 ZAR (High: 12.6503 / Low: 11.9477). On the other end, March was the most stable month, with a tight range of 0.2429 ZAR (High: 12.4597 / Low: 12.2168).

June Spread (Volatile) ±0.7026
March Spread (Stable) ±0.2429

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1930 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1930

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 12.4146) against the same month in 2023 (average: 12.3422), the exchange rate shifted by +0.0724 (+0.59%).

2024 Avg (February) 12.4146
2023 Avg (February) 12.3422

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.6208 12.2320 12.4586
February 12.6739 12.2160 12.4146
March 12.4597 12.2168 12.3664
April 12.4982 12.1664 12.2873
May 12.5214 12.0405 12.2047
June 12.6503 11.9477 12.2262
July 12.4075 11.9273 12.1692
August 12.3188 11.8800 12.0190
September 12.0948 11.7795 11.9136
October 11.9824 11.5780 11.7814
November 11.9808 11.5333 11.7290
December 11.7684 11.2986 11.5361