2022 AFN to ZAR Historical Review

YEARLY HIGH

0.2153 ZAR

YEARLY LOW

0.1437 ZAR

YEARLY AVERAGE

0.1825 ZAR

2022 AFN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the AFN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 0.2153. Conversely, the yearly low was recorded on January 23, dropping to 0.1437.

This high-to-low spread represents a total annual volatility of 0.0716 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1483 to the December average rate of 0.1977, the exchange rate registered a net change of 33.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2153 was up 7.02% compared to the 2021 peak of 0.2012, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,076 ZAR

2021 Average 891 ZAR

Yearly Trough Low 718 ZAR

Transaction Impact: A difference of 358.09 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2144

0.1423

JanuMarcMayJulySeptNove

AFN to ZAR 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 0.1684, compared to 0.1966 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0282 points.

H1 Avg (Jan–Jun) 0.1684

H2 Avg (Jul–Dec) 0.1966

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0227 ZAR (High: 0.1871 / Low: 0.1644). On the other end, December was the most stable month, with a tight range of 0.0098 ZAR (High: 0.2027 / Low: 0.1929).

April Spread (Volatile) ±0.0227

December Spread (Stable) ±0.0098

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0099 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0099

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.2083) against the same month in 2021 (average: 0.1651), the exchange rate shifted by +0.0432 (+26.16%).

2022 Avg (October) 0.2083

2021 Avg (October) 0.1651

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1539	0.1437	0.1483
February	0.1682	0.1528	0.1634
March	0.1746	0.1633	0.1686
April	0.1871	0.1644	0.1719
May	0.1880	0.1730	0.1804
June	0.1857	0.1722	0.1777
July	0.1948	0.1830	0.1896
August	0.1947	0.1792	0.1871
September	0.2062	0.1927	0.1986
October	0.2153	0.2004	0.2083
November	0.2082	0.1906	0.1984
December	0.2027	0.1929	0.1977