2023 VUV to ZAR Historical Review

YEARLY HIGH

0.1663 ZAR

YEARLY LOW

0.1419 ZAR

YEARLY AVERAGE

0.1555 ZAR

2023 VUV to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VUV to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.1663. Conversely, the yearly low was recorded on January 12, dropping to 0.1419.

This high-to-low spread represents a total annual volatility of 0.0244 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1447 to the December average rate of 0.1566, the exchange rate registered a net change of 8.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1663 was up 9.99% compared to the 2022 peak of 0.1512, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 831 ZAR

2022 Average 700 ZAR

Yearly Trough Low 709 ZAR

Transaction Impact: A difference of 122.08 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1621

0.1431

JanuMarcMayJulySeptNove

VUV 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 0.1537, compared to 0.1574 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.1537

H2 Avg (Jul–Dec) 0.1574

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0131 ZAR (High: 0.1607 / Low: 0.1475). On the other end, September was the most stable month, with a tight range of 0.0040 ZAR (High: 0.1619 / Low: 0.1579).

July Spread (Volatile) ±0.0131

September Spread (Stable) ±0.0040

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 0.0043 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.1605) against the same month in 2022 (average: 0.1386), the exchange rate shifted by +0.0220 (+15.85%).

2023 Avg (May) 0.1605

2022 Avg (May) 0.1386

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1474	0.1419	0.1447
February	0.1561	0.1444	0.1519
March	0.1591	0.1496	0.1547
April	0.1556	0.1496	0.1527
May	0.1663	0.1538	0.1605
June	0.1649	0.1528	0.1575
July	0.1607	0.1475	0.1531
August	0.1616	0.1540	0.1582
September	0.1619	0.1579	0.1598
October	0.1644	0.1571	0.1603
November	0.1591	0.1532	0.1561
December	0.1607	0.1538	0.1566