2024 ZAR to TTD Historical Review

YEARLY HIGH

0.3972 TTD

YEARLY LOW

0.3512 TTD

YEARLY AVERAGE

0.3705 TTD

2024 ZAR to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.3972. Conversely, the yearly low was recorded on April 20, dropping to 0.3512.

This high-to-low spread represents a total annual volatility of 0.0460 TTD. From a start-to-finish perspective, comparing the January average rate of 0.3619 to the December average rate of 0.3721, the exchange rate registered a net change of 2.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3972 was down 2.05% compared to the 2023 peak of 0.4055, 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 19,858 TTD

2023 Average 18,406 TTD

Yearly Trough Low 17,558 TTD

Transaction Impact: A difference of 2,299.51 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3894

0.3540

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 0.3626, compared to 0.3783 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0158 points.

H1 Avg (Jan–Jun) 0.3626

H2 Avg (Jul–Dec) 0.3783

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0234 TTD (High: 0.3830 / Low: 0.3596). On the other end, October was the most stable month, with a tight range of 0.0098 TTD (High: 0.3916 / Low: 0.3818).

December Spread (Volatile) ±0.0234

October Spread (Stable) ±0.0098

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 0.0084 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.3860) against the same month in 2023 (average: 0.3576), the exchange rate shifted by +0.0284 (+7.95%).

2024 Avg (September) 0.3860

2023 Avg (September) 0.3576

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3714	0.3538	0.3619
February	0.3640	0.3514	0.3569
March	0.3657	0.3544	0.3599
April	0.3676	0.3512	0.3592
May	0.3759	0.3609	0.3686
June	0.3789	0.3562	0.3688
July	0.3780	0.3639	0.3720
August	0.3835	0.3630	0.3755
September	0.3972	0.3772	0.3860
October	0.3916	0.3818	0.3865
November	0.3919	0.3713	0.3780
December	0.3830	0.3596	0.3721