YEARLY HIGH
0.2859 LYD
YEARLY LOW
0.2432 LYD
YEARLY AVERAGE
0.2609 LYD

2023 ZAR to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ZAR to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.2859. Conversely, the yearly low was recorded on May 25, dropping to 0.2432.

This high-to-low spread represents a total annual volatility of 0.0427 LYD. From a start-to-finish perspective, comparing the January average rate of 0.2800 to the December average rate of 0.2586, the exchange rate registered a net change of -7.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2859 was down 11.54% compared to the 2022 peak of 0.3232, 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 14,295 LYD
2022 Average 14,711 LYD
Yearly Trough Low 12,159 LYD
Transaction Impact: A difference of 2,136.43 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2830
0.2475
JanuMarcMayJulySeptNove

ZAR to LYD 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 0.2634, compared to 0.2585 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.2634
H2 Avg (Jul–Dec) 0.2585

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0209 LYD (High: 0.2714 / Low: 0.2505). On the other end, September was the most stable month, with a tight range of 0.0075 LYD (High: 0.2594 / Low: 0.2519).

July Spread (Volatile) ±0.0209
September Spread (Stable) ±0.0075

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 0.0125 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2800) against the same month in 2022 (average: 0.2961), the exchange rate shifted by -0.0161 (-5.44%).

2023 Avg (January) 0.2800
2022 Avg (January) 0.2961

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2859 0.2731 0.2800
February 0.2794 0.2616 0.2676
March 0.2691 0.2531 0.2630
April 0.2686 0.2576 0.2621
May 0.2607 0.2432 0.2505
June 0.2647 0.2460 0.2571
July 0.2714 0.2505 0.2620
August 0.2617 0.2510 0.2561
September 0.2594 0.2519 0.2558
October 0.2623 0.2509 0.2570
November 0.2688 0.2543 0.2614
December 0.2629 0.2536 0.2586