2024 YER to ZAR Historical Review

YEARLY HIGH

0.0771 ZAR

YEARLY LOW

0.0683 ZAR

YEARLY AVERAGE

0.0733 ZAR

2024 YER to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the YER to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.0771. Conversely, the yearly low was recorded on September 29, dropping to 0.0683.

This high-to-low spread represents a total annual volatility of 0.0088 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0749 to the December average rate of 0.0730, the exchange rate registered a net change of -2.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0771 was down 2.39% compared to the 2023 peak of 0.0790, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 386 ZAR

2023 Average 369 ZAR

Yearly Trough Low 342 ZAR

Transaction Impact: A difference of 44.06 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0766

0.0696

JanuMarcMayJulySeptNove

YER 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 0.0748, compared to 0.0717 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.0748

H2 Avg (Jul–Dec) 0.0717

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0049 ZAR (High: 0.0756 / Low: 0.0707). On the other end, October was the most stable month, with a tight range of 0.0017 ZAR (High: 0.0711 / Low: 0.0693).

December Spread (Volatile) ±0.0049

October Spread (Stable) ±0.0017

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 0.0019 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0760) against the same month in 2023 (average: 0.0716), the exchange rate shifted by +0.0044 (+6.13%).

2024 Avg (February) 0.0760

2023 Avg (February) 0.0716

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0767	0.0731	0.0749
February	0.0771	0.0742	0.0760
March	0.0762	0.0742	0.0753
April	0.0771	0.0737	0.0754
May	0.0751	0.0723	0.0736
June	0.0757	0.0716	0.0735
July	0.0743	0.0717	0.0728
August	0.0748	0.0707	0.0722
September	0.0717	0.0683	0.0703
October	0.0711	0.0693	0.0702
November	0.0732	0.0693	0.0719
December	0.0756	0.0707	0.0730