2024 UYU to ZAR Historical Review

YEARLY HIGH

0.5049 ZAR

YEARLY LOW

0.4030 ZAR

YEARLY AVERAGE

0.4573 ZAR

2024 UYU to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UYU to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 0.5049. Conversely, the yearly low was recorded on December 14, dropping to 0.4030.

This high-to-low spread represents a total annual volatility of 0.1018 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.4787 to the December average rate of 0.4148, the exchange rate registered a net change of -13.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5049 was down 1.26% compared to the 2023 peak of 0.5113, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,524 ZAR

2023 Average 2,378 ZAR

Yearly Trough Low 2,015 ZAR

Transaction Impact: A difference of 509.19 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4993

0.4072

JanuMarcMayJulySeptNove

UYU 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 0.4825, compared to 0.4321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0504 points.

H1 Avg (Jan–Jun) 0.4825

H2 Avg (Jul–Dec) 0.4321

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0369 ZAR (High: 0.4455 / Low: 0.4086). On the other end, July was the most stable month, with a tight range of 0.0162 ZAR (High: 0.4646 / Low: 0.4484).

September Spread (Volatile) ±0.0369

July Spread (Stable) ±0.0162

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0182 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0182

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.4903) against the same month in 2023 (average: 0.4673), the exchange rate shifted by +0.0230 (+4.92%).

2024 Avg (March) 0.4903

2023 Avg (March) 0.4673

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4917	0.4643	0.4787
February	0.4971	0.4742	0.4862
March	0.5049	0.4785	0.4903
April	0.5046	0.4789	0.4916
May	0.4853	0.4690	0.4784
June	0.4877	0.4554	0.4698
July	0.4646	0.4484	0.4538
August	0.4646	0.4389	0.4479
September	0.4455	0.4086	0.4297
October	0.4307	0.4143	0.4225
November	0.4362	0.4141	0.4240
December	0.4327	0.4030	0.4148

2024 UYU నుండి ZAR చారిత్రక సమీక్ష