YEARLY HIGH
0.0433 ZAR
YEARLY LOW
0.0340 ZAR
YEARLY AVERAGE
0.0392 ZAR

2024 KZT to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KZT to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 24, valuing the pair at 0.0433. Conversely, the yearly low was recorded on December 12, dropping to 0.0340.

This high-to-low spread represents a total annual volatility of 0.0093 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0415 to the December average rate of 0.0350, the exchange rate registered a net change of -15.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0433 was down 2.33% compared to the 2023 peak of 0.0444, 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 217 ZAR
2023 Average 202 ZAR
Yearly Trough Low 170 ZAR
Transaction Impact: A difference of 46.73 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0431
0.0343
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 0.0417, compared to 0.0367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.0417
H2 Avg (Jul–Dec) 0.0367

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0043 ZAR (High: 0.0425 / Low: 0.0383). On the other end, March was the most stable month, with a tight range of 0.0012 ZAR (High: 0.0425 / Low: 0.0412).

June Spread (Volatile) ±0.0043
March Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0020 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0423) against the same month in 2023 (average: 0.0402), the exchange rate shifted by +0.0021 (+5.23%).

2024 Avg (April) 0.0423
2023 Avg (April) 0.0402

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0429 0.0400 0.0415
February 0.0430 0.0414 0.0422
March 0.0425 0.0412 0.0420
April 0.0433 0.0413 0.0423
May 0.0423 0.0409 0.0416
June 0.0425 0.0383 0.0404
July 0.0394 0.0377 0.0384
August 0.0391 0.0366 0.0377
September 0.0376 0.0357 0.0366
October 0.0366 0.0353 0.0362
November 0.0370 0.0350 0.0362
December 0.0364 0.0340 0.0350