ZAR to AFN Historical Rates

Analyze long-term market trends and access daily historical data for the ZAR/AFN pair.

10-YEAR HIGH
7.3729 AFN
10-YEAR LOW
3.6238 AFN
10-YEAR AVERAGE
4.8438 AFN

10-Year ZAR to AFN Performance & Macro Timing Review

Analysis of key historical highlights and timing insights over the past decade

Over the last 10 years, the ZAR to AFN exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on December 15, 2021, when the pair was valued at 7.3729. Conversely, the absolute lowest rate of the decade was recorded on April 8, 2025, dropping to a support floor of 3.6238.

This peak-to-trough range represents a total macro spread of 3.7491 AFN. From a long-term perspective, comparing the decade's oldest annual average of 4.7826 (in 2016) to the newest annual average of 3.9064 (in 2026), the exchange rate registered a net shift of -18.32%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 4.5213, showing a variance of 0.6405 points compared to the older 5-year average of 5.1617.

10-Year Payout Timing Comparison

Value generated converting a dynamic sum of 50,000 ZAR over the decade:

Decade Peak High 368,645 AFN
10-Year Average 242,189 AFN
Decade Trough Low 181,190 AFN
Macro Timing Impact: A difference of 187,454.49 AFN purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

6.9442
3.3893
201620182020202220242026

ZAR to AFN Macro Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Decade Halves Comparison

Macro Shift

The average exchange rate in the first 5 years of the decade was 5.1617, compared to 4.5213 in the recent 5 years. This shows that the rate was stronger in the older 5 years by a margin of 0.6405 points.

Older 5 Yrs Avg 5.1617
Recent 5 Yrs Avg 4.5213

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2021, with a trading range of 2.4018 AFN (High: 7.3729 / Low: 4.9711). Conversely, 2024 was the most stable year, with a range of 0.3442 AFN (High: 4.0087 / Low: 3.6646).

2021 Spread (Volatile) ±2.4018
2024 Spread (Stable) ±0.3442

Decade Growth & Declines

Macro Trends

Between 2016 and 2018, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 2 straight years. Conversely, the sharpest year-over-year decline occurred between 2022 and 2023, when the average rate fell by 1.0351 points.

Longest Streak 2 Yrs.
Sharpest YoY Drop -1.0351

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 4.7826) against the newest annual average (2026: 3.9064), the exchange rate shifted by -0.8761 (-18.32%).

2016 Baseline Avg 4.7826
2026 Current Avg 3.9064

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-29 3.9184
2026-07-28 3.9016
2026-07-27 3.9624
2026-07-26 3.9537
2026-07-25 3.9503
2026-07-24 3.9488
2026-07-23 3.9838
2026-07-22 4.0407
2026-07-21 4.0619
2026-07-20 4.0076
2026-07-19 4.0581
2026-07-18 4.0097
2026-07-17 4.0024
2026-07-16 4.0301
2026-07-15 4.0376
2026-07-14 4.0455
2026-07-13 3.9913
2026-07-12 3.9808
2026-07-11 3.9878
2026-07-10 3.9858
2026-07-09 3.9302
2026-07-08 3.9107
2026-07-07 3.9379
2026-07-06 3.9337
2026-07-05 3.9412
2026-07-04 3.9429
2026-07-03 3.9443
2026-07-02 3.8817
2026-07-01 3.8670
2026-06-30 3.8966
2026-06-29 3.8573

Browse by Year

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