YEARLY HIGH
0.2182 ZAR
YEARLY LOW
0.1607 ZAR
YEARLY AVERAGE
0.1981 ZAR

2024 RUB to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RUB to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.2182. Conversely, the yearly low was recorded on November 27, dropping to 0.1607.

This high-to-low spread represents a total annual volatility of 0.0575 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.2099 to the December average rate of 0.1759, the exchange rate registered a net change of -16.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2182 was down 14.44% compared to the 2023 peak of 0.2550, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,091 ZAR
2023 Average 1,089 ZAR
Yearly Trough Low 804 ZAR
Transaction Impact: A difference of 287.37 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2133
0.1725
JanuMarcMayJulySeptNove

RUB 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 0.2061, compared to 0.1902 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0158 points.

H1 Avg (Jan–Jun) 0.2061
H2 Avg (Jul–Dec) 0.1902

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0260 ZAR (High: 0.1867 / Low: 0.1607). On the other end, October was the most stable month, with a tight range of 0.0047 ZAR (High: 0.1854 / Low: 0.1807).

November Spread (Volatile) ±0.0260
October Spread (Stable) ±0.0047

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 August and September, when the average rate fell by 0.0104 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2099) against the same month in 2023 (average: 0.2442), the exchange rate shifted by -0.0343 (-14.04%).

2024 Avg (January) 0.2099
2023 Avg (January) 0.2442

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2182 0.2033 0.2099
February 0.2105 0.2035 0.2071
March 0.2083 0.2024 0.2053
April 0.2083 0.1985 0.2031
May 0.2079 0.1984 0.2021
June 0.2172 0.2019 0.2088
July 0.2160 0.2039 0.2088
August 0.2177 0.1925 0.2032
September 0.2044 0.1815 0.1928
October 0.1854 0.1807 0.1825
November 0.1867 0.1607 0.1781
December 0.1889 0.1662 0.1759