2024 ZAR to XDR Historical Review

YEARLY HIGH

0.0433 XDR

YEARLY LOW

0.0390 XDR

YEARLY AVERAGE

0.0411 XDR

2024 ZAR to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 0.0433. Conversely, the yearly low was recorded on February 28, dropping to 0.0390.

This high-to-low spread represents a total annual volatility of 0.0043 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0399 to the December average rate of 0.0418, the exchange rate registered a net change of 4.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0433 was down 2.77% compared to the 2023 peak of 0.0446, 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 2,166 XDR

2023 Average 2,032 XDR

Yearly Trough Low 1,950 XDR

Transaction Impact: A difference of 215.91 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0428

0.0393

JanuMarcMayJulySeptNove

ZAR to XDR 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 0.0403, compared to 0.0419 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0403

H2 Avg (Jul–Dec) 0.0419

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0026 XDR (High: 0.0423 / Low: 0.0398). On the other end, October was the most stable month, with a tight range of 0.0006 XDR (High: 0.0428 / Low: 0.0421).

June Spread (Volatile) ±0.0026

October Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0004 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0421) against the same month in 2023 (average: 0.0408), the exchange rate shifted by +0.0013 (+3.25%).

2024 Avg (November) 0.0421

2023 Avg (November) 0.0408

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0409	0.0391	0.0399
February	0.0403	0.0390	0.0396
March	0.0404	0.0393	0.0399
April	0.0409	0.0393	0.0401
May	0.0419	0.0402	0.0411
June	0.0423	0.0398	0.0412
July	0.0422	0.0409	0.0415
August	0.0422	0.0402	0.0414
September	0.0433	0.0413	0.0421
October	0.0428	0.0421	0.0425
November	0.0433	0.0412	0.0421
December	0.0428	0.0406	0.0418