2024 ZAR to GBP Historical Review

YEARLY HIGH

0.0445 GBP

YEARLY LOW

0.0409 GBP

YEARLY AVERAGE

0.0427 GBP

2024 ZAR to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 0.0445. Conversely, the yearly low was recorded on February 25, dropping to 0.0409.

This high-to-low spread represents a total annual volatility of 0.0036 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0420 to the December average rate of 0.0434, the exchange rate registered a net change of 3.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0445 was down 9.39% compared to the 2023 peak of 0.0491, 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 2,226 GBP

2023 Average 2,182 GBP

Yearly Trough Low 2,044 GBP

Transaction Impact: A difference of 181.87 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0439

0.0414

JanuMarcMayJulySeptNove

ZAR to GBP 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 0.0422, compared to 0.0432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0422

H2 Avg (Jul–Dec) 0.0432

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0028 GBP (High: 0.0440 / Low: 0.0412). On the other end, October was the most stable month, with a tight range of 0.0007 GBP (High: 0.0440 / Low: 0.0433).

June Spread (Volatile) ±0.0028

October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0437) against the same month in 2023 (average: 0.0434), the exchange rate shifted by +0.0003 (+0.60%).

2024 Avg (November) 0.0437

2023 Avg (November) 0.0434

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0429	0.0410	0.0420
February	0.0422	0.0409	0.0416
March	0.0423	0.0414	0.0417
April	0.0428	0.0417	0.0423
May	0.0436	0.0418	0.0430
June	0.0440	0.0412	0.0428
July	0.0431	0.0421	0.0426
August	0.0435	0.0419	0.0428
September	0.0437	0.0425	0.0430
October	0.0440	0.0433	0.0436
November	0.0445	0.0425	0.0437
December	0.0444	0.0423	0.0434