2023 ZAR to TTD Historical Review

YEARLY HIGH

0.4055 TTD

YEARLY LOW

0.3436 TTD

YEARLY AVERAGE

0.3682 TTD

2023 ZAR to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ZAR to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.4055. Conversely, the yearly low was recorded on May 25, dropping to 0.3436.

This high-to-low spread represents a total annual volatility of 0.0618 TTD. From a start-to-finish perspective, comparing the January average rate of 0.3976 to the December average rate of 0.3656, the exchange rate registered a net change of -8.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4055 was down 13.49% compared to the 2022 peak of 0.4687, 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 20,274 TTD

2022 Average 20,820 TTD

Yearly Trough Low 17,182 TTD

Transaction Impact: A difference of 3,091.81 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4019

0.3512

JanuMarcMayJulySeptNove

ZAR to TTD 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 0.3731, compared to 0.3632 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0099 points.

H1 Avg (Jan–Jun) 0.3731

H2 Avg (Jul–Dec) 0.3632

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0322 TTD (High: 0.3872 / Low: 0.3550). On the other end, September was the most stable month, with a tight range of 0.0095 TTD (High: 0.3617 / Low: 0.3522).

July Spread (Volatile) ±0.0322

September Spread (Stable) ±0.0095

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 January and February, when the average rate fell by 0.0186 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3976) against the same month in 2022 (average: 0.4381), the exchange rate shifted by -0.0405 (-9.23%).

2023 Avg (January) 0.3976

2022 Avg (January) 0.4381

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4055	0.3903	0.3976
February	0.3981	0.3682	0.3790
March	0.3817	0.3563	0.3711
April	0.3814	0.3665	0.3733
May	0.3710	0.3436	0.3555
June	0.3728	0.3456	0.3622
July	0.3872	0.3550	0.3725
August	0.3717	0.3533	0.3613
September	0.3617	0.3522	0.3576
October	0.3637	0.3464	0.3564
November	0.3731	0.3595	0.3659
December	0.3723	0.3564	0.3656