2024 WST to ZAR Historical Review

YEARLY HIGH

6.8962 ZAR

YEARLY LOW

6.1077 ZAR

YEARLY AVERAGE

6.5475 ZAR

2024 WST to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 6.8962. Conversely, the yearly low was recorded on September 29, dropping to 6.1077.

This high-to-low spread represents a total annual volatility of 0.7886 ZAR. From a start-to-finish perspective, comparing the January average rate of 6.6969 to the December average rate of 6.5153, the exchange rate registered a net change of -2.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 6.8962 was down 4.99% compared to the 2023 peak of 7.2585, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34,481 ZAR

2023 Average 33,774 ZAR

Yearly Trough Low 30,538 ZAR

Transaction Impact: A difference of 3,942.85 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6.8450

6.2240

JanuMarcMayJulySeptNove

WST 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 6.6865, compared to 6.4085 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2780 points.

H1 Avg (Jan–Jun) 6.6865

H2 Avg (Jul–Dec) 6.4085

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.4275 ZAR (High: 6.7500 / Low: 6.3225). On the other end, October was the most stable month, with a tight range of 0.1560 ZAR (High: 6.3540 / Low: 6.1979).

December Spread (Volatile) ±0.4275

October Spread (Stable) ±0.1560

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 0.1698 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1698

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 6.7932) against the same month in 2023 (average: 6.6451), the exchange rate shifted by +0.1481 (+2.23%).

2024 Avg (February) 6.7932

2023 Avg (February) 6.6451

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.8601	6.5349	6.6969
February	6.8962	6.6361	6.7932
March	6.8167	6.6314	6.7346
April	6.8910	6.5899	6.7450
May	6.7126	6.4509	6.5752
June	6.7738	6.4051	6.5742
July	6.6448	6.4121	6.5103
August	6.6893	6.3243	6.4518
September	6.4147	6.1077	6.2838
October	6.3540	6.1979	6.2758
November	6.5297	6.1802	6.4142
December	6.7500	6.3225	6.5153