2024 ZAR to SDG Historical Review

YEARLY HIGH

35.1724 SDG

YEARLY LOW

30.3708 SDG

YEARLY AVERAGE

32.6529 SDG

2024 ZAR to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 35.1724. Conversely, the yearly low was recorded on April 20, dropping to 30.3708.

This high-to-low spread represents a total annual volatility of 4.8015 SDG. From a start-to-finish perspective, comparing the January average rate of 32.0552 to the December average rate of 32.9845, the exchange rate registered a net change of 2.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 35.1724 was up 1.73% compared to the 2023 peak of 34.5757, 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 1,758,618 SDG

2023 Average 1,617,160 SDG

Yearly Trough Low 1,518,542 SDG

Transaction Impact: A difference of 240,075.38 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

34.5490

30.7407

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 31.8318, compared to 33.4740 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6422 points.

H1 Avg (Jan–Jun) 31.8318

H2 Avg (Jul–Dec) 33.4740

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 2.6152 SDG (High: 33.5114 / Low: 30.8962). On the other end, October was the most stable month, with a tight range of 0.8512 SDG (High: 34.6603 / Low: 33.8091).

June Spread (Volatile) ±2.6152

October Spread (Stable) ±0.8512

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.7325 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.7325

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 34.1949) against the same month in 2023 (average: 31.7029), the exchange rate shifted by +2.4920 (+7.86%).

2024 Avg (September) 34.1949

2023 Avg (September) 31.7029

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	32.8456	31.2886	32.0552
February	32.3448	31.1246	31.5945
March	32.1781	30.7479	31.4870
April	31.7586	30.3708	31.0580
May	33.2732	30.6880	32.5389
June	33.5114	30.8962	32.2571
July	33.4745	31.7844	32.6297
August	33.9674	32.1140	33.3042
September	35.1724	33.4891	34.1949
October	34.6603	33.8091	34.2316
November	34.7598	32.8990	33.4992
December	33.9773	31.8256	32.9845