YEARLY HIGH
0.1179 BZD
YEARLY LOW
0.1042 BZD
YEARLY AVERAGE
0.1100 BZD

2024 ZAR to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.1179. Conversely, the yearly low was recorded on April 20, dropping to 0.1042.

This high-to-low spread represents a total annual volatility of 0.0136 BZD. From a start-to-finish perspective, comparing the January average rate of 0.1075 to the December average rate of 0.1103, the exchange rate registered a net change of 2.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1179 was down 2.09% compared to the 2023 peak of 0.1204, 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 5,893 BZD
2023 Average 5,465 BZD
Yearly Trough Low 5,212 BZD
Transaction Impact: A difference of 680.46 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1157
0.1051
JanuMarcMayJulySeptNove

ZAR to BZD 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 0.1077, compared to 0.1123 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) 0.1077
H2 Avg (Jul–Dec) 0.1123

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0075 BZD (High: 0.1137 / Low: 0.1063). On the other end, October was the most stable month, with a tight range of 0.0031 BZD (High: 0.1164 / Low: 0.1133).

December Spread (Volatile) ±0.0075
October Spread (Stable) ±0.0031

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 0.0025 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1146) against the same month in 2023 (average: 0.1063), the exchange rate shifted by +0.0084 (+7.86%).

2024 Avg (September) 0.1146
2023 Avg (September) 0.1063

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1103 0.1049 0.1075
February 0.1083 0.1043 0.1060
March 0.1085 0.1053 0.1068
April 0.1092 0.1042 0.1067
May 0.1116 0.1072 0.1095
June 0.1124 0.1061 0.1095
July 0.1121 0.1083 0.1105
August 0.1139 0.1077 0.1115
September 0.1179 0.1122 0.1146
October 0.1164 0.1133 0.1148
November 0.1165 0.1102 0.1123
December 0.1137 0.1063 0.1103