2024 ZAR to UYU Historical Review

YEARLY HIGH

2.4813 UYU

YEARLY LOW

1.9808 UYU

YEARLY AVERAGE

2.1954 UYU

2024 ZAR to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 2.4813. Conversely, the yearly low was recorded on March 24, dropping to 1.9808.

This high-to-low spread represents a total annual volatility of 0.5005 UYU. From a start-to-finish perspective, comparing the January average rate of 2.0893 to the December average rate of 2.4115, the exchange rate registered a net change of 15.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.4813 was up 4.38% compared to the 2023 peak of 2.3772, 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 124,063 UYU

2023 Average 105,332 UYU

Yearly Trough Low 99,038 UYU

Transaction Impact: A difference of 25,025.60 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.4492

1.9969

JanuMarcMayJulySeptNove

ZAR to UYU 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 2.0736, compared to 2.3173 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2437 points.

H1 Avg (Jan–Jun) 2.0736

H2 Avg (Jul–Dec) 2.3173

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.2027 UYU (High: 2.4471 / Low: 2.2444). On the other end, May was the most stable month, with a tight range of 0.0717 UYU (High: 2.1322 / Low: 2.0606).

September Spread (Volatile) ±0.2027

May Spread (Stable) ±0.0717

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 January and February, when the average rate fell by 0.0322 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0322

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.4115) against the same month in 2023 (average: 2.1123), the exchange rate shifted by +0.2992 (+14.16%).

2024 Avg (December) 2.4115

2023 Avg (December) 2.1123

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1537	2.0340	2.0893
February	2.1088	2.0118	2.0571
March	2.0898	1.9808	2.0401
April	2.0881	1.9819	2.0346
May	2.1322	2.0606	2.0907
June	2.1960	2.0504	2.1298
July	2.2300	2.1524	2.2036
August	2.2783	2.1523	2.2331
September	2.4471	2.2444	2.3296
October	2.4139	2.3215	2.3673
November	2.4147	2.2925	2.3585
December	2.4813	2.3112	2.4115