YEARLY HIGH
0.1054 ANG
YEARLY LOW
0.0932 ANG
YEARLY AVERAGE
0.0984 ANG

2024 ZAR to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.1054. Conversely, the yearly low was recorded on April 20, dropping to 0.0932.

This high-to-low spread represents a total annual volatility of 0.0122 ANG. From a start-to-finish perspective, comparing the January average rate of 0.0961 to the December average rate of 0.0988, the exchange rate registered a net change of 2.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1054 was down 2.09% compared to the 2023 peak of 0.1076, 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 5,269 ANG
2023 Average 4,887 ANG
Yearly Trough Low 4,660 ANG
Transaction Impact: A difference of 608.41 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1034
0.0940
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 0.0963, compared to 0.1005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.0963
H2 Avg (Jul–Dec) 0.1005

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0063 ANG (High: 0.1017 / Low: 0.0954). On the other end, October was the most stable month, with a tight range of 0.0028 ANG (High: 0.1041 / Low: 0.1013).

December Spread (Volatile) ±0.0063
October Spread (Stable) ±0.0028

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 0.0022 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1025) against the same month in 2023 (average: 0.0950), the exchange rate shifted by +0.0075 (+7.86%).

2024 Avg (September) 0.1025
2023 Avg (September) 0.0950

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0986 0.0938 0.0961
February 0.0968 0.0933 0.0948
March 0.0970 0.0941 0.0955
April 0.0977 0.0932 0.0954
May 0.0998 0.0958 0.0979
June 0.1005 0.0949 0.0979
July 0.1002 0.0969 0.0988
August 0.1018 0.0963 0.0997
September 0.1054 0.1003 0.1025
October 0.1041 0.1013 0.1026
November 0.1041 0.0986 0.1004
December 0.1017 0.0954 0.0988