TOP to ZAR Historical Rates

Analyze long-term market trends and access daily historical data for the TOP/ZAR pair.

10-YEAR HIGH
8.3289 ZAR
10-YEAR LOW
5.2187 ZAR
10-YEAR AVERAGE
6.8232 ZAR

10-Year TOP to ZAR Performance & Macro Timing Review

Analysis of key historical highlights and timing insights over the past decade

Over the last 10 years, the TOP to ZAR exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on May 25, 2023, when the pair was valued at 8.3289. Conversely, the absolute lowest rate of the decade was recorded on February 25, 2018, dropping to a support floor of 5.2187.

This peak-to-trough range represents a total macro spread of 3.1103 ZAR. From a long-term perspective, comparing the decade's oldest annual average of 6.1896 (in 2016) to the newest annual average of 6.8205 (in 2026), the exchange rate registered a net shift of +10.19%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 7.3583, showing a variance of 1.0624 points compared to the older 5-year average of 6.2959.

10-Year Payout Timing Comparison

Value generated converting a dynamic sum of 5,000 TOP over the decade:

Decade Peak High 41,645 ZAR
10-Year Average 34,116 ZAR
Decade Trough Low 26,093 ZAR
Macro Timing Impact: A difference of 15,551.37 ZAR purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

8.5810
5.0067
201620182020202220242026

TOP to ZAR Macro Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Decade Halves Comparison

Macro Shift

The average exchange rate in the first 5 years of the decade was 6.2959, compared to 7.3583 in the recent 5 years. This shows that the rate was stronger in the recent 5 years (post-5yr baseline) by a margin of 1.0624 points.

Older 5 Yrs Avg 6.2959
Recent 5 Yrs Avg 7.3583

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2020, with a trading range of 2.0753 ZAR (High: 8.2056 / Low: 6.1303). Conversely, 2016 was the most stable year, with a range of 0.6024 ZAR (High: 6.4891 / Low: 5.8867).

2020 Spread (Volatile) ±2.0753
2016 Spread (Stable) ±0.6024

Decade Growth & Declines

Macro Trends

Between 2018 and 2020, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 2 straight years. Conversely, the sharpest year-over-year decline occurred between 2020 and 2021, when the average rate fell by 0.6267 points.

Longest Streak 2 Yrs.
Sharpest YoY Drop -0.6267

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 6.1896) against the newest annual average (2026: 6.8205), the exchange rate shifted by +0.6309 (+10.19%).

2016 Baseline Avg 6.1896
2026 Current Avg 6.8205

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-29 6.9426
2026-07-28 6.9725
2026-07-27 6.9497
2026-07-26 6.9856
2026-07-25 6.9917
2026-07-24 6.9920
2026-07-23 6.8807
2026-07-22 6.8285
2026-07-21 6.8360
2026-07-20 6.8567
2026-07-19 6.7548
2026-07-18 6.8363
2026-07-17 6.8488
2026-07-16 6.8016
2026-07-15 6.7890
2026-07-14 6.8203
2026-07-13 6.8092
2026-07-12 6.7816
2026-07-11 6.7697
2026-07-10 6.7731
2026-07-09 6.7941
2026-07-08 6.7969
2026-07-07 6.7500
2026-07-06 6.7399
2026-07-05 6.7412
2026-07-04 6.7413
2026-07-03 6.7390
2026-07-02 6.7784
2026-07-01 6.8168
2026-06-30 6.8148
2026-06-29 6.8279

Browse by Year

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