2024 ZAR to WST Historical Review

YEARLY HIGH

0.1637 WST

YEARLY LOW

0.1450 WST

YEARLY AVERAGE

0.1529 WST

2024 ZAR to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.1637. Conversely, the yearly low was recorded on February 25, dropping to 0.1450.

This high-to-low spread represents a total annual volatility of 0.0187 WST. From a start-to-finish perspective, comparing the January average rate of 0.1493 to the December average rate of 0.1535, the exchange rate registered a net change of 2.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1637 was up 1.64% compared to the 2023 peak of 0.1611, 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 8,186 WST

2023 Average 7,410 WST

Yearly Trough Low 7,250 WST

Transaction Impact: A difference of 936.10 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1606

0.1460

JanuMarcMayJulySeptNove

ZAR to WST 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 0.1496, compared to 0.1561 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.1496

H2 Avg (Jul–Dec) 0.1561

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0100 WST (High: 0.1582 / Low: 0.1481). On the other end, October was the most stable month, with a tight range of 0.0040 WST (High: 0.1613 / Low: 0.1574).

December Spread (Volatile) ±0.0100

October Spread (Stable) ±0.0040

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 0.0034 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1592) against the same month in 2023 (average: 0.1433), the exchange rate shifted by +0.0158 (+11.05%).

2024 Avg (September) 0.1592

2023 Avg (September) 0.1433

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1530	0.1458	0.1493
February	0.1507	0.1450	0.1472
March	0.1508	0.1467	0.1485
April	0.1517	0.1451	0.1483
May	0.1550	0.1490	0.1521
June	0.1561	0.1476	0.1522
July	0.1560	0.1505	0.1536
August	0.1581	0.1495	0.1550
September	0.1637	0.1559	0.1592
October	0.1613	0.1574	0.1593
November	0.1618	0.1531	0.1559
December	0.1582	0.1481	0.1535