2024 ZAR to XCD Historical Review

YEARLY HIGH

0.1580 XCD

YEARLY LOW

0.1400 XCD

YEARLY AVERAGE

0.1475 XCD

2024 ZAR to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.1580. Conversely, the yearly low was recorded on February 25, dropping to 0.1400.

This high-to-low spread represents a total annual volatility of 0.0181 XCD. From a start-to-finish perspective, comparing the January average rate of 0.1441 to the December average rate of 0.1482, 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 0.1580 was down 2.08% compared to the 2023 peak of 0.1614, 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 7,901 XCD

2023 Average 7,331 XCD

Yearly Trough Low 6,998 XCD

Transaction Impact: A difference of 903.52 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1550

0.1409

JanuMarcMayJulySeptNove

ZAR to XCD 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 0.1444, compared to 0.1507 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.1444

H2 Avg (Jul–Dec) 0.1507

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0097 XCD (High: 0.1527 / Low: 0.1430). On the other end, October was the most stable month, with a tight range of 0.0038 XCD (High: 0.1557 / Low: 0.1519).

December Spread (Volatile) ±0.0097

October Spread (Stable) ±0.0038

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 0.0033 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1536) against the same month in 2023 (average: 0.1425), the exchange rate shifted by +0.0111 (+7.82%).

2024 Avg (September) 0.1536

2023 Avg (September) 0.1425

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1477	0.1407	0.1441
February	0.1454	0.1400	0.1421
March	0.1455	0.1416	0.1433
April	0.1465	0.1401	0.1431
May	0.1496	0.1438	0.1468
June	0.1507	0.1425	0.1469
July	0.1505	0.1453	0.1483
August	0.1526	0.1443	0.1496
September	0.1580	0.1505	0.1536
October	0.1557	0.1519	0.1538
November	0.1562	0.1478	0.1505
December	0.1527	0.1430	0.1482