2023 KZT to ZAR Historical Review

YEARLY HIGH

0.0444 ZAR

YEARLY LOW

0.0362 ZAR

YEARLY AVERAGE

0.0404 ZAR

2023 KZT to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.0444. Conversely, the yearly low was recorded on January 12, dropping to 0.0362.

This high-to-low spread represents a total annual volatility of 0.0081 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0369 to the December average rate of 0.0405, the exchange rate registered a net change of 9.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0444 was up 11.90% compared to the 2022 peak of 0.0396, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 222 ZAR

2022 Average 178 ZAR

Yearly Trough Low 181 ZAR

Transaction Impact: A difference of 40.65 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0434

0.0363

JanuMarcMayJulySeptNove

KZT 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 0.0403, compared to 0.0406 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0403

H2 Avg (Jul–Dec) 0.0406

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0042 ZAR (High: 0.0412 / Low: 0.0370). On the other end, October was the most stable month, with a tight range of 0.0016 ZAR (High: 0.0409 / Low: 0.0394).

February Spread (Volatile) ±0.0042

October Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.0010 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0428) against the same month in 2022 (average: 0.0367), the exchange rate shifted by +0.0061 (+16.51%).

2023 Avg (May) 0.0428

2022 Avg (May) 0.0367

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0378	0.0362	0.0369
February	0.0412	0.0370	0.0397
March	0.0423	0.0390	0.0405
April	0.0414	0.0391	0.0402
May	0.0444	0.0408	0.0428
June	0.0438	0.0402	0.0418
July	0.0429	0.0394	0.0409
August	0.0426	0.0399	0.0415
September	0.0417	0.0395	0.0405
October	0.0409	0.0394	0.0399
November	0.0413	0.0392	0.0400
December	0.0415	0.0397	0.0405