YEARLY HIGH
0.0885 AUD
YEARLY LOW
0.0789 AUD
YEARLY AVERAGE
0.0828 AUD

2024 ZAR to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.0885. Conversely, the yearly low was recorded on February 25, dropping to 0.0789.

This high-to-low spread represents a total annual volatility of 0.0096 AUD. From a start-to-finish perspective, comparing the January average rate of 0.0803 to the December average rate of 0.0867, the exchange rate registered a net change of 8.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0885 was up 1.40% compared to the 2023 peak of 0.0873, 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 4,425 AUD
2023 Average 4,083 AUD
Yearly Trough Low 3,945 AUD
Transaction Impact: A difference of 480.23 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0873
0.0796
JanuMarcMayJulySeptNove

ZAR to AUD 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 0.0811, compared to 0.0844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.0811
H2 Avg (Jul–Dec) 0.0844

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0046 AUD (High: 0.0837 / Low: 0.0790). On the other end, March was the most stable month, with a tight range of 0.0016 AUD (High: 0.0819 / Low: 0.0803).

June Spread (Volatile) ±0.0046
March Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between June and December, 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 May and June, when the average rate fell by 0.0001 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0867) against the same month in 2023 (average: 0.0802), the exchange rate shifted by +0.0065 (+8.06%).

2024 Avg (December) 0.0867
2023 Avg (December) 0.0802

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0818 0.0792 0.0803
February 0.0819 0.0789 0.0806
March 0.0819 0.0803 0.0809
April 0.0822 0.0800 0.0814
May 0.0831 0.0799 0.0819
June 0.0837 0.0790 0.0818
July 0.0838 0.0806 0.0822
August 0.0842 0.0812 0.0832
September 0.0849 0.0827 0.0839
October 0.0864 0.0835 0.0849
November 0.0867 0.0835 0.0853
December 0.0885 0.0850 0.0867