2023 KMF to ZAR Historical Review

YEARLY HIGH

0.0432 ZAR

YEARLY LOW

0.0364 ZAR

YEARLY AVERAGE

0.0405 ZAR

2023 KMF to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KMF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.0432. Conversely, the yearly low was recorded on January 4, dropping to 0.0364.

This high-to-low spread represents a total annual volatility of 0.0068 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0374 to the December average rate of 0.0412, the exchange rate registered a net change of 10.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0432 was up 13.48% compared to the 2022 peak of 0.0381, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 216 ZAR

2022 Average 175 ZAR

Yearly Trough Low 182 ZAR

Transaction Impact: A difference of 34.24 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0426

0.0369

JanuMarcMayJulySeptNove

KMF 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 0.0400, compared to 0.0411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0400

H2 Avg (Jul–Dec) 0.0411

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0031 ZAR (High: 0.0420 / Low: 0.0390). On the other end, March was the most stable month, with a tight range of 0.0016 ZAR (High: 0.0407 / Low: 0.0391).

November Spread (Volatile) ±0.0031

March Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0009 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0421) against the same month in 2022 (average: 0.0341), the exchange rate shifted by +0.0080 (+23.52%).

2023 Avg (May) 0.0421

2022 Avg (May) 0.0341

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0384	0.0364	0.0374
February	0.0396	0.0378	0.0390
March	0.0407	0.0391	0.0397
April	0.0412	0.0393	0.0405
May	0.0432	0.0409	0.0421
June	0.0426	0.0401	0.0412
July	0.0422	0.0394	0.0409
August	0.0425	0.0408	0.0416
September	0.0421	0.0404	0.0412
October	0.0418	0.0402	0.0408
November	0.0420	0.0390	0.0406
December	0.0420	0.0402	0.0412