2023 SDG to ZAR Historical Review

YEARLY HIGH

0.0336 ZAR

YEARLY LOW

0.0289 ZAR

YEARLY AVERAGE

0.0309 ZAR

2023 SDG to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SDG to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.0336. Conversely, the yearly low was recorded on January 15, dropping to 0.0289.

This high-to-low spread represents a total annual volatility of 0.0047 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0296 to the December average rate of 0.0309, the exchange rate registered a net change of 4.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0336 was down 10.58% compared to the 2022 peak of 0.0376, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 168 ZAR

2022 Average 165 ZAR

Yearly Trough Low 145 ZAR

Transaction Impact: A difference of 23.30 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0321

0.0294

JanuMarcMayJulySeptNove

SDG 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 0.0308, compared to 0.0311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0308

H2 Avg (Jul–Dec) 0.0311

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0033 ZAR (High: 0.0336 / Low: 0.0303). On the other end, September was the most stable month, with a tight range of 0.0008 ZAR (High: 0.0320 / Low: 0.0312).

November Spread (Volatile) ±0.0033

September Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0310) against the same month in 2022 (average: 0.0307), the exchange rate shifted by +0.0003 (+1.05%).

2023 Avg (November) 0.0310

2022 Avg (November) 0.0307

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0301	0.0289	0.0296
February	0.0313	0.0292	0.0306
March	0.0320	0.0299	0.0310
April	0.0320	0.0299	0.0304
May	0.0329	0.0305	0.0318
June	0.0327	0.0302	0.0312
July	0.0318	0.0292	0.0303
August	0.0319	0.0304	0.0312
September	0.0320	0.0312	0.0315
October	0.0324	0.0311	0.0317
November	0.0336	0.0303	0.0310
December	0.0317	0.0304	0.0309