2024 ZAR to BBD Historical Review

YEARLY HIGH

0.1169 BBD

YEARLY LOW

0.1036 BBD

YEARLY AVERAGE

0.1092 BBD

2024 ZAR to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.1169. Conversely, the yearly low was recorded on February 25, dropping to 0.1036.

This high-to-low spread represents a total annual volatility of 0.0134 BBD. From a start-to-finish perspective, comparing the January average rate of 0.1067 to the December average rate of 0.1097, the exchange rate registered a net change of 2.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1169 was down 2.08% compared to the 2023 peak of 0.1194, 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 5,847 BBD

2023 Average 5,426 BBD

Yearly Trough Low 5,179 BBD

Transaction Impact: A difference of 668.64 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1147

0.1043

JanuMarcMayJulySeptNove

ZAR to BBD 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 0.1069, compared to 0.1115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.1069

H2 Avg (Jul–Dec) 0.1115

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0072 BBD (High: 0.1130 / Low: 0.1058). On the other end, October was the most stable month, with a tight range of 0.0028 BBD (High: 0.1152 / Low: 0.1124).

December Spread (Volatile) ±0.0072

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 0.0024 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1137) against the same month in 2023 (average: 0.1055), the exchange rate shifted by +0.0082 (+7.82%).

2024 Avg (September) 0.1137

2023 Avg (September) 0.1055

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1093	0.1041	0.1067
February	0.1076	0.1036	0.1052
March	0.1077	0.1048	0.1061
April	0.1084	0.1037	0.1059
May	0.1107	0.1064	0.1086
June	0.1115	0.1054	0.1087
July	0.1114	0.1075	0.1097
August	0.1129	0.1068	0.1107
September	0.1169	0.1114	0.1137
October	0.1152	0.1124	0.1138
November	0.1156	0.1094	0.1114
December	0.1130	0.1058	0.1097