2023 ZAR to SDG Historical Review

YEARLY HIGH

34.5757 SDG

YEARLY LOW

29.7780 SDG

YEARLY AVERAGE

32.3450 SDG

2023 ZAR to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ZAR to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 34.5757. Conversely, the yearly low was recorded on November 20, dropping to 29.7780.

This high-to-low spread represents a total annual volatility of 4.7977 SDG. From a start-to-finish perspective, comparing the January average rate of 33.7811 to the December average rate of 32.3234, the exchange rate registered a net change of -4.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 34.5757 was down 1.93% compared to the 2022 peak of 35.2556, 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 1,728,783 SDG

2022 Average 1,520,225 SDG

Yearly Trough Low 1,488,899 SDG

Transaction Impact: A difference of 239,884.34 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

34.0155

31.2031

JanuMarcMayJulySeptNove

ZAR to SDG 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 32.5333, compared to 32.1567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3766 points.

H1 Avg (Jan–Jun) 32.5333

H2 Avg (Jul–Dec) 32.1567

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 3.2624 SDG (High: 33.0404 / Low: 29.7780). On the other end, September was the most stable month, with a tight range of 0.7893 SDG (High: 32.0878 / Low: 31.2985).

November Spread (Volatile) ±3.2624

September Spread (Stable) ±0.7893

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 1.4792 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.4792

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 33.7811) against the same month in 2022 (average: 28.2825), the exchange rate shifted by +5.4986 (+19.44%).

2023 Avg (January) 33.7811

2022 Avg (January) 28.2825

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.5757	33.2209	33.7811
February	34.2313	31.9161	32.6812
March	33.4666	31.2078	32.2802
April	33.4874	31.2441	32.9167
May	32.7552	30.3543	31.4375
June	33.0832	30.6236	32.1030
July	34.2640	31.4104	33.0213
August	32.9077	31.3254	32.0203
September	32.0878	31.2985	31.7029
October	32.1979	30.8251	31.5764
November	33.0404	29.7780	32.2958
December	32.9125	31.4963	32.3234