2024 KGS to ZAR Historical Review

YEARLY HIGH

0.2194 ZAR

YEARLY LOW

0.2007 ZAR

YEARLY AVERAGE

0.2104 ZAR

2024 KGS to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KGS to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 0.2194. Conversely, the yearly low was recorded on November 7, dropping to 0.2007.

This high-to-low spread represents a total annual volatility of 0.0187 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.2101 to the December average rate of 0.2099, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2194 was down 2.93% compared to the 2023 peak of 0.2260, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,097 ZAR

2023 Average 1,050 ZAR

Yearly Trough Low 1,004 ZAR

Transaction Impact: A difference of 93.29 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2152

0.2051

JanuMarcMayJulySeptNove

KGS 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 0.2109, compared to 0.2098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.2109

H2 Avg (Jul–Dec) 0.2098

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0133 ZAR (High: 0.2172 / Low: 0.2040). On the other end, October was the most stable month, with a tight range of 0.0044 ZAR (High: 0.2081 / Low: 0.2037).

December Spread (Volatile) ±0.0133

October Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between May and July, 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 0.0035 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.2144) against the same month in 2023 (average: 0.2077), the exchange rate shifted by +0.0067 (+3.22%).

2024 Avg (July) 0.2144

2023 Avg (July) 0.2077

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2151	0.2049	0.2101
February	0.2159	0.2080	0.2127
March	0.2135	0.2075	0.2108
April	0.2168	0.2070	0.2121
May	0.2143	0.2048	0.2086
June	0.2173	0.2054	0.2114
July	0.2194	0.2105	0.2144
August	0.2193	0.2066	0.2121
September	0.2131	0.2031	0.2086
October	0.2081	0.2037	0.2060
November	0.2121	0.2007	0.2080
December	0.2172	0.2040	0.2099