2024 ZAR to AED Historical Review

YEARLY HIGH

0.2148 AED

YEARLY LOW

0.1902 AED

YEARLY AVERAGE

0.2005 AED

2024 ZAR to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.2148. Conversely, the yearly low was recorded on February 25, dropping to 0.1902.

This high-to-low spread represents a total annual volatility of 0.0246 AED. From a start-to-finish perspective, comparing the January average rate of 0.1959 to the December average rate of 0.2014, the exchange rate registered a net change of 2.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2148 was down 2.08% compared to the 2023 peak of 0.2193, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 10,739 AED

2023 Average 9,963 AED

Yearly Trough Low 9,511 AED

Transaction Impact: A difference of 1,228.09 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2106

0.1915

JanuMarcMayJulySeptNove

ZAR to AED 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 0.1962, compared to 0.2048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.1962

H2 Avg (Jul–Dec) 0.2048

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0131 AED (High: 0.2075 / Low: 0.1943). On the other end, October was the most stable month, with a tight range of 0.0052 AED (High: 0.2116 / Low: 0.2065).

December Spread (Volatile) ±0.0131

October Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0045 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2088) against the same month in 2023 (average: 0.1937), the exchange rate shifted by +0.0151 (+7.82%).

2024 Avg (September) 0.2088

2023 Avg (September) 0.1937

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2007	0.1912	0.1959
February	0.1977	0.1902	0.1931
March	0.1978	0.1924	0.1948
April	0.1990	0.1903	0.1945
May	0.2033	0.1954	0.1995
June	0.2048	0.1937	0.1996
July	0.2046	0.1974	0.2015
August	0.2074	0.1961	0.2034
September	0.2148	0.2045	0.2088
October	0.2116	0.2065	0.2090
November	0.2123	0.2009	0.2046
December	0.2075	0.1943	0.2014