2024 ZAR to SVC Historical Review

YEARLY HIGH

0.5116 SVC

YEARLY LOW

0.4525 SVC

YEARLY AVERAGE

0.4776 SVC

2024 ZAR to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.5116. Conversely, the yearly low was recorded on April 20, dropping to 0.4525.

This high-to-low spread represents a total annual volatility of 0.0591 SVC. From a start-to-finish perspective, comparing the January average rate of 0.4666 to the December average rate of 0.4797, the exchange rate registered a net change of 2.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5116 was down 2.09% compared to the 2023 peak of 0.5225, 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 25,578 SVC

2023 Average 23,726 SVC

Yearly Trough Low 22,624 SVC

Transaction Impact: A difference of 2,953.57 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5021

0.4563

JanuMarcMayJulySeptNove

ZAR to SVC 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 0.4674, compared to 0.4878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0204 points.

H1 Avg (Jan–Jun) 0.4674

H2 Avg (Jul–Dec) 0.4878

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0307 SVC (High: 0.4937 / Low: 0.4630). On the other end, October was the most stable month, with a tight range of 0.0135 SVC (High: 0.5052 / Low: 0.4917).

December Spread (Volatile) ±0.0307

October Spread (Stable) ±0.0135

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 0.0109 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0109

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.4975) against the same month in 2023 (average: 0.4613), the exchange rate shifted by +0.0363 (+7.86%).

2024 Avg (September) 0.4975

2023 Avg (September) 0.4613

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4788	0.4554	0.4666
February	0.4701	0.4528	0.4601
March	0.4711	0.4569	0.4638
April	0.4742	0.4525	0.4631
May	0.4845	0.4654	0.4752
June	0.4881	0.4607	0.4755
July	0.4874	0.4703	0.4799
August	0.4944	0.4673	0.4840
September	0.5116	0.4870	0.4975
October	0.5052	0.4917	0.4983
November	0.5055	0.4785	0.4874
December	0.4937	0.4630	0.4797