YEARLY HIGH
0.2606 PLN
YEARLY LOW
0.2090 PLN
YEARLY AVERAGE
0.2279 PLN

2023 ZAR to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ZAR to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.2606. Conversely, the yearly low was recorded on December 26, dropping to 0.2090.

This high-to-low spread represents a total annual volatility of 0.0516 PLN. From a start-to-finish perspective, comparing the January average rate of 0.2539 to the December average rate of 0.2133, the exchange rate registered a net change of -15.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2606 was down 12.73% compared to the 2022 peak of 0.2987, 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 13,032 PLN
2022 Average 13,628 PLN
Yearly Trough Low 10,452 PLN
Transaction Impact: A difference of 2,580.53 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2579
0.2092
JanuMarcMayJulySeptNove

ZAR to PLN 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 0.2354, compared to 0.2205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0150 points.

H1 Avg (Jan–Jun) 0.2354
H2 Avg (Jul–Dec) 0.2205

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0189 PLN (High: 0.2606 / Low: 0.2418). On the other end, December was the most stable month, with a tight range of 0.0079 PLN (High: 0.2170 / Low: 0.2090).

January Spread (Volatile) ±0.0189
December Spread (Stable) ±0.0079

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 April and May, when the average rate fell by 0.0141 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0141

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2539) against the same month in 2022 (average: 0.2596), the exchange rate shifted by -0.0057 (-2.19%).

2023 Avg (January) 0.2539
2022 Avg (January) 0.2596

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2606 0.2418 0.2539
February 0.2526 0.2413 0.2474
March 0.2441 0.2345 0.2399
April 0.2428 0.2262 0.2330
May 0.2282 0.2123 0.2189
June 0.2244 0.2139 0.2196
July 0.2285 0.2124 0.2208
August 0.2224 0.2137 0.2176
September 0.2317 0.2166 0.2272
October 0.2315 0.2204 0.2243
November 0.2283 0.2111 0.2195
December 0.2170 0.2090 0.2133