2024 UAH to ZAR Historical Review

YEARLY HIGH

0.5135 ZAR

YEARLY LOW

0.4155 ZAR

YEARLY AVERAGE

0.4572 ZAR

2024 UAH to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UAH to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.5135. Conversely, the yearly low was recorded on September 29, dropping to 0.4155.

This high-to-low spread represents a total annual volatility of 0.0980 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.4955 to the December average rate of 0.4367, the exchange rate registered a net change of -11.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5135 was down 4.16% compared to the 2023 peak of 0.5358, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,567 ZAR

2023 Average 2,508 ZAR

Yearly Trough Low 2,077 ZAR

Transaction Impact: A difference of 489.98 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5082

0.4183

JanuMarcMayJulySeptNove

UAH 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 0.4801, compared to 0.4343 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0458 points.

H1 Avg (Jan–Jun) 0.4801

H2 Avg (Jul–Dec) 0.4343

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0329 ZAR (High: 0.5135 / Low: 0.4806). On the other end, October was the most stable month, with a tight range of 0.0107 ZAR (High: 0.4314 / Low: 0.4207).

January Spread (Volatile) ±0.0329

October Spread (Stable) ±0.0107

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 April and May, when the average rate fell by 0.0163 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.4955) against the same month in 2023 (average: 0.4646), the exchange rate shifted by +0.0310 (+6.67%).

2024 Avg (January) 0.4955

2023 Avg (January) 0.4646

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5135	0.4806	0.4955
February	0.5082	0.4893	0.5007
March	0.5017	0.4775	0.4871
April	0.4864	0.4700	0.4796
May	0.4724	0.4514	0.4633
June	0.4731	0.4423	0.4546
July	0.4563	0.4369	0.4446
August	0.4552	0.4279	0.4387
September	0.4356	0.4155	0.4264
October	0.4314	0.4207	0.4258
November	0.4436	0.4187	0.4338
December	0.4503	0.4244	0.4367