2023 ZAR to VUV Historical Review

YEARLY HIGH

7.0493 VUV

YEARLY LOW

6.0142 VUV

YEARLY AVERAGE

6.4372 VUV

2023 ZAR to VUV Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ZAR to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 7.0493. Conversely, the yearly low was recorded on May 25, dropping to 6.0142.

This high-to-low spread represents a total annual volatility of 1.0351 VUV. From a start-to-finish perspective, comparing the January average rate of 6.9130 to the December average rate of 6.3852, the exchange rate registered a net change of -7.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 7.0493 was down 9.69% compared to the 2022 peak of 7.8054, 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 352,467 VUV

2022 Average 357,813 VUV

Yearly Trough Low 300,710 VUV

Transaction Impact: A difference of 51,757.06 VUV purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.9810

6.1652

JanuMarcMayJulySeptNove

ZAR to VUV 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 6.5169, compared to 6.3575 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1594 points.

H1 Avg (Jan–Jun) 6.5169

H2 Avg (Jul–Dec) 6.3575

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.5541 VUV (High: 6.7776 / Low: 6.2234). On the other end, September was the most stable month, with a tight range of 0.1550 VUV (High: 6.3334 / Low: 6.1783).

July Spread (Volatile) ±0.5541

September Spread (Stable) ±0.1550

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 0.3248 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3248

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 6.9130) against the same month in 2022 (average: 7.3073), the exchange rate shifted by -0.3943 (-5.40%).

2023 Avg (January) 6.9130

2022 Avg (January) 7.3073

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	7.0493	6.7825	6.9130
February	6.9251	6.4073	6.5883
March	6.6865	6.2844	6.4635
April	6.6865	6.4285	6.5504
May	6.5035	6.0142	6.2332
June	6.5440	6.0625	6.3530
July	6.7776	6.2234	6.5344
August	6.4952	6.1880	6.3217
September	6.3334	6.1783	6.2598
October	6.3657	6.0842	6.2385
November	6.5268	6.2866	6.4055
December	6.5016	6.2218	6.3852