2024 TTD to ZAR Historical Review

YEARLY HIGH

2.8477 ZAR

YEARLY LOW

2.5179 ZAR

YEARLY AVERAGE

2.7016 ZAR

2024 TTD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TTD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 2.8477. Conversely, the yearly low was recorded on September 29, dropping to 2.5179.

This high-to-low spread represents a total annual volatility of 0.3298 ZAR. From a start-to-finish perspective, comparing the January average rate of 2.7636 to the December average rate of 2.6884, the exchange rate registered a net change of -2.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.8477 was down 2.14% compared to the 2023 peak of 2.9099, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,238 ZAR

2023 Average 13,599 ZAR

Yearly Trough Low 12,589 ZAR

Transaction Impact: A difference of 1,648.78 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.8232

2.5662

JanuMarcMayJulySeptNove

TTD 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 2.7590, compared to 2.6442 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1148 points.

H1 Avg (Jan–Jun) 2.7590

H2 Avg (Jul–Dec) 2.6442

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.1696 ZAR (High: 2.7808 / Low: 2.6112). On the other end, October was the most stable month, with a tight range of 0.0653 ZAR (High: 2.6193 / Low: 2.5539).

December Spread (Volatile) ±0.1696

October Spread (Stable) ±0.0653

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0726 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0726

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 2.7843) against the same month in 2023 (average: 2.6788), the exchange rate shifted by +0.1055 (+3.94%).

2024 Avg (April) 2.7843

2023 Avg (April) 2.6788

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8261	2.6925	2.7636
February	2.8458	2.7469	2.8018
March	2.8218	2.7344	2.7785
April	2.8477	2.7205	2.7843
May	2.7707	2.6606	2.7135
June	2.8074	2.6393	2.7123
July	2.7478	2.6454	2.6883
August	2.7549	2.6074	2.6640
September	2.6511	2.5179	2.5913
October	2.6193	2.5539	2.5876
November	2.6931	2.5518	2.6458
December	2.7808	2.6112	2.6884