2024 ZAR to STD Historical Review

YEARLY HIGH

1302.9149 STD

YEARLY LOW

1153.9295 STD

YEARLY AVERAGE

1216.3803 STD

2024 ZAR to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 1302.9149. Conversely, the yearly low was recorded on February 25, dropping to 1153.9295.

This high-to-low spread represents a total annual volatility of 148.9854 STD. From a start-to-finish perspective, comparing the January average rate of 1188.4305 to the December average rate of 1221.8676, the exchange rate registered a net change of 2.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1302.9149 was down 4.41% compared to the 2023 peak of 1363.0018, 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 65,145,747 STD

2023 Average 61,294,051 STD

Yearly Trough Low 57,696,477 STD

Transaction Impact: A difference of 7,449,270.82 STD purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2024 সাল জুড়ে মাসিক গড় ওঠানামা।

1277.7218

1161.8667

JanuMarcMayJulySeptNove

ZAR to STD 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 1190.4771, compared to 1242.2835 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 51.8064 points.

H1 Avg (Jan–Jun) 1190.4771

H2 Avg (Jul–Dec) 1242.2835

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 79.7085 STD (High: 1258.6454 / Low: 1178.9370). On the other end, October was the most stable month, with a tight range of 31.5326 STD (High: 1283.9461 / Low: 1252.4135).

December Spread (Volatile) ±79.7085

October Spread (Stable) ±31.5326

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 27.1328 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -27.1328

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1266.7078) against the same month in 2023 (average: 1174.8480), the exchange rate shifted by +91.8597 (+7.82%).

2024 Avg (September) 1266.7078

2023 Avg (September) 1174.8480

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	1217.7344	1160.0089	1188.4305
February	1199.1693	1153.9295	1171.5213
March	1200.0099	1167.3886	1181.6984
April	1207.5744	1154.8074	1179.9674
May	1233.5880	1185.4979	1210.3909
June	1242.4194	1174.7840	1210.8537
July	1241.0528	1197.5985	1222.4110
August	1258.2804	1189.6237	1233.7127
September	1302.9149	1240.5610	1266.7078
October	1283.9461	1252.4135	1268.0672
November	1287.6306	1218.7008	1240.9344
December	1258.6454	1178.9370	1221.8676

2024 ZAR থেকে STD-এর ঐতিহাসিক পর্যালোচনা