2024 GYD to ZAR Historical Review

YEARLY HIGH

0.0924 ZAR

YEARLY LOW

0.0818 ZAR

YEARLY AVERAGE

0.0876 ZAR

2024 GYD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.0924. Conversely, the yearly low was recorded on September 29, dropping to 0.0818.

This high-to-low spread represents a total annual volatility of 0.0107 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0896 to the December average rate of 0.0872, the exchange rate registered a net change of -2.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0924 was down 1.22% compared to the 2023 peak of 0.0936, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 462 ZAR

2023 Average 439 ZAR

Yearly Trough Low 409 ZAR

Transaction Impact: A difference of 53.30 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0916

0.0833

JanuMarcMayJulySeptNove

GYD 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 0.0895, compared to 0.0858 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.0895

H2 Avg (Jul–Dec) 0.0858

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0056 ZAR (High: 0.0904 / Low: 0.0847). On the other end, October was the most stable month, with a tight range of 0.0023 ZAR (High: 0.0851 / Low: 0.0828).

December Spread (Volatile) ±0.0056

October Spread (Stable) ±0.0023

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 0.0023 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0903) against the same month in 2023 (average: 0.0859), the exchange rate shifted by +0.0043 (+5.02%).

2024 Avg (April) 0.0903

2023 Avg (April) 0.0859

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0918	0.0873	0.0896
February	0.0924	0.0890	0.0909
March	0.0915	0.0868	0.0901
April	0.0924	0.0881	0.0903
May	0.0898	0.0863	0.0880
June	0.0907	0.0857	0.0880
July	0.0890	0.0859	0.0872
August	0.0895	0.0846	0.0864
September	0.0859	0.0818	0.0841
October	0.0851	0.0828	0.0839
November	0.0874	0.0827	0.0858
December	0.0904	0.0847	0.0872