YEARLY HIGH
0.2514 PLN
YEARLY LOW
0.2062 PLN
YEARLY AVERAGE
0.2173 PLN

2024 ZAR to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2514. Conversely, the yearly low was recorded on February 25, dropping to 0.2062.

This high-to-low spread represents a total annual volatility of 0.0452 PLN. From a start-to-finish perspective, comparing the January average rate of 0.2144 to the December average rate of 0.2235, the exchange rate registered a net change of 4.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2514 was down 3.54% compared to the 2023 peak of 0.2606, 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 12,570 PLN
2023 Average 11,391 PLN
Yearly Trough Low 10,309 PLN
Transaction Impact: A difference of 2,261.06 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2287
0.2085
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 0.2135, compared to 0.2211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.2135
H2 Avg (Jul–Dec) 0.2211

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0426 PLN (High: 0.2514 / Low: 0.2088). On the other end, March was the most stable month, with a tight range of 0.0036 PLN (High: 0.2123 / Low: 0.2087).

January Spread (Volatile) ±0.0426
March Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0037 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2144) against the same month in 2023 (average: 0.2539), the exchange rate shifted by -0.0395 (-15.55%).

2024 Avg (January) 0.2144
2023 Avg (January) 0.2539

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2514 0.2088 0.2144
February 0.2146 0.2062 0.2107
March 0.2123 0.2087 0.2102
April 0.2161 0.2096 0.2126
May 0.2177 0.2096 0.2152
June 0.2252 0.2073 0.2183
July 0.2188 0.2141 0.2164
August 0.2180 0.2114 0.2155
September 0.2238 0.2157 0.2188
October 0.2283 0.2225 0.2255
November 0.2308 0.2216 0.2270
December 0.2297 0.2171 0.2235