2024 ZAR to YER Historical Review

YEARLY HIGH

14.6376 YER

YEARLY LOW

12.9651 YER

YEARLY AVERAGE

13.6628 YER

2024 ZAR to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 14.6376. Conversely, the yearly low was recorded on February 25, dropping to 12.9651.

This high-to-low spread represents a total annual volatility of 1.6725 YER. From a start-to-finish perspective, comparing the January average rate of 13.3524 to the December average rate of 13.7133, the exchange rate registered a net change of 2.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 14.6376 was down 2.07% compared to the 2023 peak of 14.9474, 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 731,880 YER

2023 Average 679,056 YER

Yearly Trough Low 648,256 YER

Transaction Impact: A difference of 83,624.34 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14.3560

13.0511

JanuMarcMayJulySeptNove

ZAR to YER 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 13.3747, compared to 13.9510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5763 points.

H1 Avg (Jan–Jun) 13.3747

H2 Avg (Jul–Dec) 13.9510

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.9236 YER (High: 14.1431 / Low: 13.2195). On the other end, October was the most stable month, with a tight range of 0.3500 YER (High: 14.4245 / Low: 14.0745).

December Spread (Volatile) ±0.9236

October Spread (Stable) ±0.3500

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 0.3285 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.3285

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 14.2312) against the same month in 2023 (average: 13.1997), the exchange rate shifted by +1.0315 (+7.81%).

2024 Avg (September) 14.2312

2023 Avg (September) 13.1997

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.6834	13.0334	13.3524
February	13.4707	12.9651	13.1598
March	13.4835	13.1190	13.2777
April	13.5692	12.9750	13.2587
May	13.8352	13.3225	13.5938
June	13.9594	13.2034	13.6058
July	13.9440	13.4558	13.7344
August	14.1376	13.3682	13.8610
September	14.6376	13.9385	14.2312
October	14.4245	14.0745	14.2472
November	14.4384	13.6648	13.9187
December	14.1431	13.2195	13.7133