2023 ZAR to KZT Historical Review

YEARLY HIGH

27.5975 KZT

YEARLY LOW

22.5403 KZT

YEARLY AVERAGE

24.7658 KZT

2023 ZAR to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ZAR to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 27.5975. Conversely, the yearly low was recorded on May 25, dropping to 22.5403.

This high-to-low spread represents a total annual volatility of 5.0572 KZT. From a start-to-finish perspective, comparing the January average rate of 27.0894 to the December average rate of 24.6946, the exchange rate registered a net change of -8.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 27.5975 was down 21.00% compared to the 2022 peak of 34.9316, 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 1,379,876 KZT

2022 Average 1,414,709 KZT

Yearly Trough Low 1,127,014 KZT

Transaction Impact: A difference of 252,862.09 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

27.4613

22.9986

JanuMarcMayJulySeptNove

ZAR to KZT 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 24.8637, compared to 24.6680 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1957 points.

H1 Avg (Jan–Jun) 24.8637

H2 Avg (Jul–Dec) 24.6680

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.7562 KZT (High: 27.0165 / Low: 24.2603). On the other end, October was the most stable month, with a tight range of 0.9637 KZT (High: 25.4108 / Low: 24.4471).

February Spread (Volatile) ±2.7562

October Spread (Stable) ±0.9637

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.8856 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.8856

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 27.0894) against the same month in 2022 (average: 28.0921), the exchange rate shifted by -1.0027 (-3.57%).

2023 Avg (January) 27.0894

2022 Avg (January) 28.0921

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.5975	26.4284	27.0894
February	27.0165	24.2603	25.2038
March	25.6132	23.6222	24.7015
April	25.5607	24.1264	24.8627
May	24.5128	22.5403	23.3705
June	24.8527	22.8568	23.9542
July	25.3551	23.3169	24.4513
August	25.0335	23.4914	24.1299
September	25.3342	23.9828	24.7082
October	25.4108	24.4471	25.0339
November	25.5163	24.2167	24.9900
December	25.2039	24.0702	24.6946