2024 ZAR to AWG Historical Review

YEARLY HIGH

0.1054 AWG

YEARLY LOW

0.0932 AWG

YEARLY AVERAGE

0.0983 AWG

2024 ZAR to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to AWG 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 February 25, dropping to 0.0932.

This high-to-low spread represents a total annual volatility of 0.0122 AWG. From a start-to-finish perspective, comparing the January average rate of 0.0961 to the December average rate of 0.0987, the exchange rate registered a net change of 2.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1054 was down 2.08% 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 5,270 AWG

2023 Average 4,885 AWG

Yearly Trough Low 4,661 AWG

Transaction Impact: A difference of 609.09 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1033

0.0939

JanuMarcMayJulySeptNove

ZAR to AWG 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 0.0962, compared to 0.1004 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) 0.0962

H2 Avg (Jul–Dec) 0.1004

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0064 AWG (High: 0.1017 / Low: 0.0952). On the other end, March was the most stable month, with a tight range of 0.0025 AWG (High: 0.0969 / Low: 0.0944).

December Spread (Volatile) ±0.0064

March Spread (Stable) ±0.0025

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: 0.1024) against the same month in 2023 (average: 0.0949), the exchange rate shifted by +0.0075 (+7.85%).

2024 Avg (September) 0.1024

2023 Avg (September) 0.0949

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0985	0.0938	0.0961
February	0.0969	0.0932	0.0947
March	0.0969	0.0944	0.0955
April	0.0976	0.0933	0.0954
May	0.0997	0.0958	0.0978
June	0.1004	0.0949	0.0979
July	0.1003	0.0968	0.0988
August	0.1018	0.0962	0.0997
September	0.1054	0.1003	0.1024
October	0.1039	0.1013	0.1025
November	0.1042	0.0985	0.1003
December	0.1017	0.0952	0.0987