YEARLY HIGH
0.8097 GBP
YEARLY LOW
0.7448 GBP
YEARLY AVERAGE
0.7827 GBP

2024 ZMK to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZMK to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 0.8097. Conversely, the yearly low was recorded on September 24, dropping to 0.7448.

This high-to-low spread represents a total annual volatility of 0.0650 GBP. From a start-to-finish perspective, comparing the January average rate of 0.7869 to the December average rate of 0.7915, the exchange rate registered a net change of 0.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8097 was down 4.23% compared to the 2023 peak of 0.8455, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ZMK based on timing:

Yearly Peak High 4,049 GBP
2023 Average 4,021 GBP
Yearly Trough Low 3,724 GBP
Transaction Impact: A difference of 324.77 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8037
0.7522
JanuMarcMayJulySeptNove

ZMK to GBP 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 0.7906, compared to 0.7748 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0158 points.

H1 Avg (Jan–Jun) 0.7906
H2 Avg (Jul–Dec) 0.7748

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0341 GBP (High: 0.7885 / Low: 0.7544). On the other end, January was the most stable month, with a tight range of 0.0097 GBP (High: 0.7922 / Low: 0.7825).

August Spread (Volatile) ±0.0341
January Spread (Stable) ±0.0097

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0161 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.7994) against the same month in 2023 (average: 0.8035), the exchange rate shifted by -0.0041 (-0.51%).

2024 Avg (April) 0.7994
2023 Avg (April) 0.8035

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7922 0.7825 0.7869
February 0.7978 0.7845 0.7917
March 0.7938 0.7777 0.7870
April 0.8097 0.7888 0.7994
May 0.8004 0.7830 0.7914
June 0.7923 0.7806 0.7870
July 0.7908 0.7687 0.7770
August 0.7885 0.7544 0.7726
September 0.7670 0.7448 0.7565
October 0.7753 0.7533 0.7666
November 0.7981 0.7667 0.7845
December 0.8002 0.7825 0.7915