2024 BTN to ZAR Historical Review

YEARLY HIGH

0.2330 ZAR

YEARLY LOW

0.2044 ZAR

YEARLY AVERAGE

0.2192 ZAR

2024 BTN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 0.2330. Conversely, the yearly low was recorded on September 29, dropping to 0.2044.

This high-to-low spread represents a total annual volatility of 0.0286 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.2256 to the December average rate of 0.2147, the exchange rate registered a net change of -4.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2330 was down 2.59% compared to the 2023 peak of 0.2392, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,165 ZAR

2023 Average 1,118 ZAR

Yearly Trough Low 1,022 ZAR

Transaction Impact: A difference of 143.14 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2312

0.2070

JanuMarcMayJulySeptNove

BTN 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 0.2250, compared to 0.2134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0116 points.

H1 Avg (Jan–Jun) 0.2250

H2 Avg (Jul–Dec) 0.2134

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0128 ZAR (High: 0.2218 / Low: 0.2090). On the other end, October was the most stable month, with a tight range of 0.0050 ZAR (High: 0.2114 / Low: 0.2064).

December Spread (Volatile) ±0.0128

October Spread (Stable) ±0.0050

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 April and May, when the average rate fell by 0.0057 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.2292) against the same month in 2023 (average: 0.2170), the exchange rate shifted by +0.0122 (+5.61%).

2024 Avg (February) 0.2292

2023 Avg (February) 0.2170

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2311	0.2197	0.2256
February	0.2330	0.2242	0.2292
March	0.2310	0.2245	0.2273
April	0.2316	0.2220	0.2266
May	0.2253	0.2169	0.2209
June	0.2275	0.2150	0.2205
July	0.2229	0.2153	0.2181
August	0.2231	0.2111	0.2155
September	0.2140	0.2044	0.2099
October	0.2114	0.2064	0.2090
November	0.2166	0.2051	0.2129
December	0.2218	0.2090	0.2147