2023 ZAR to ANG Historical Review

YEARLY HIGH

0.1076 ANG

YEARLY LOW

0.0911 ANG

YEARLY AVERAGE

0.0978 ANG

2023 ZAR to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ZAR to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.1076. Conversely, the yearly low was recorded on May 25, dropping to 0.0911.

This high-to-low spread represents a total annual volatility of 0.0165 ANG. From a start-to-finish perspective, comparing the January average rate of 0.1055 to the December average rate of 0.0970, the exchange rate registered a net change of -8.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1076 was down 13.43% compared to the 2022 peak of 0.1243, 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 5,381 ANG

2022 Average 5,527 ANG

Yearly Trough Low 4,554 ANG

Transaction Impact: A difference of 827.48 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1067

0.0933

JanuMarcMayJulySeptNove

ZAR to ANG 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 0.0991, compared to 0.0964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0991

H2 Avg (Jul–Dec) 0.0964

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0084 ANG (High: 0.1027 / Low: 0.0943). On the other end, September was the most stable month, with a tight range of 0.0024 ANG (High: 0.0961 / Low: 0.0937).

July Spread (Volatile) ±0.0084

September Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between May and July, 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 January and February, when the average rate fell by 0.0049 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1055) against the same month in 2022 (average: 0.1162), the exchange rate shifted by -0.0106 (-9.14%).

2023 Avg (January) 0.1055

2022 Avg (January) 0.1162

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1076	0.1035	0.1055
February	0.1057	0.0978	0.1006
March	0.1014	0.0946	0.0985
April	0.1013	0.0972	0.0991
May	0.0985	0.0911	0.0944
June	0.0991	0.0918	0.0962
July	0.1027	0.0943	0.0989
August	0.0986	0.0940	0.0960
September	0.0961	0.0937	0.0950
October	0.0966	0.0921	0.0946
November	0.0992	0.0954	0.0971
December	0.0988	0.0945	0.0970