2024 ZAR to SLL Historical Review

YEARLY HIGH

1226.1790 SLL

YEARLY LOW

1085.9682 SLL

YEARLY AVERAGE

1144.7408 SLL

2024 ZAR to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 1226.1790. Conversely, the yearly low was recorded on February 25, dropping to 1085.9682.

This high-to-low spread represents a total annual volatility of 140.2108 SLL. From a start-to-finish perspective, comparing the January average rate of 1118.4372 to the December average rate of 1149.9050, the exchange rate registered a net change of 2.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1226.1790 was up 3.07% compared to the 2023 peak of 1189.6522, 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 61,308,950 SLL

2023 Average 51,711,303 SLL

Yearly Trough Low 54,298,408 SLL

Transaction Impact: A difference of 7,010,541.54 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1202.4696

1093.4379

JanuMarcMayJulySeptNove

ZAR to SLL 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 1120.3632, compared to 1169.1184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 48.7552 points.

H1 Avg (Jan–Jun) 1120.3632

H2 Avg (Jul–Dec) 1169.1184

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 75.0140 SLL (High: 1184.5167 / Low: 1109.5028). On the other end, October was the most stable month, with a tight range of 29.6755 SLL (High: 1208.3273 / Low: 1178.6519).

December Spread (Volatile) ±75.0140

October Spread (Stable) ±29.6755

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 25.5348 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -25.5348

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1192.1042) against the same month in 2023 (average: 1105.6547), the exchange rate shifted by +86.4496 (+7.82%).

2024 Avg (September) 1192.1042

2023 Avg (September) 1105.6547

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1146.0152	1091.6895	1118.4372
February	1128.5435	1085.9682	1102.5239
March	1129.3346	1098.6345	1112.1016
April	1136.4536	1086.7943	1110.4725
May	1160.9351	1115.6773	1139.1042
June	1169.2463	1105.5944	1139.5397
July	1167.9603	1127.0653	1150.4164
August	1184.1732	1119.5601	1161.0525
September	1226.1790	1167.4975	1192.1042
October	1208.3273	1178.6519	1193.3837
November	1211.7948	1146.9247	1167.8488
December	1184.5167	1109.5028	1149.9050