2023 STD to ZAR Historical Review

YEARLY HIGH

0.0009 ZAR

YEARLY LOW

0.0007 ZAR

YEARLY AVERAGE

0.0008 ZAR

2023 STD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 0.0009. Conversely, the yearly low was recorded on January 12, dropping to 0.0007.

This high-to-low spread represents a total annual volatility of 0.0001 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0007 to the December average rate of 0.0008, the exchange rate registered a net change of 11.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0009 was up 8.58% compared to the 2022 peak of 0.0008, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4 ZAR

2022 Average 4 ZAR

Yearly Trough Low 4 ZAR

Transaction Impact: A difference of 0.71 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0009

0.0007

JanuMarcMayJulySeptNove

STD 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 0.0008, compared to 0.0008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0008

H2 Avg (Jul–Dec) 0.0008

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0001 ZAR (High: 0.0008 / Low: 0.0008). On the other end, September was the most stable month, with a tight range of 0.0000 ZAR (High: 0.0009 / Low: 0.0008).

July Spread (Volatile) ±0.0001

September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0009) against the same month in 2022 (average: 0.0008), the exchange rate shifted by +0.0001 (+7.96%).

2023 Avg (October) 0.0009

2022 Avg (October) 0.0008

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0008	0.0007	0.0007
February	0.0008	0.0007	0.0008
March	0.0008	0.0008	0.0008
April	0.0008	0.0008	0.0008
May	0.0009	0.0008	0.0008
June	0.0009	0.0008	0.0008
July	0.0008	0.0008	0.0008
August	0.0009	0.0008	0.0008
September	0.0009	0.0008	0.0009
October	0.0009	0.0008	0.0009
November	0.0008	0.0008	0.0008
December	0.0009	0.0008	0.0008

૨૦૨૫ STD થી ZAR ઐતિહાસિક સમીક્ષા