2022 BND to ZAR Historical Review

YEARLY HIGH

13.0134 ZAR

YEARLY LOW

10.6551 ZAR

YEARLY AVERAGE

11.8661 ZAR

2022 BND to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BND to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 13.0134. Conversely, the yearly low was recorded on April 12, dropping to 10.6551.

This high-to-low spread represents a total annual volatility of 2.3583 ZAR. From a start-to-finish perspective, comparing the January average rate of 11.4787 to the December average rate of 12.7894, the exchange rate registered a net change of 11.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 13.0134 was up 9.57% compared to the 2021 peak of 11.8769, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,067 ZAR

2021 Average 55,034 ZAR

Yearly Trough Low 53,275 ZAR

Transaction Impact: A difference of 11,791.47 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

12.9685

10.8190

JanuMarcMayJulySeptNove

BND 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 11.2895, compared to 12.4426 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1530 points.

H1 Avg (Jan–Jun) 11.2895

H2 Avg (Jul–Dec) 12.4426

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.8846 ZAR (High: 11.5397 / Low: 10.6551). On the other end, February was the most stable month, with a tight range of 0.3642 ZAR (High: 11.5315 / Low: 11.1673).

April Spread (Volatile) ±0.8846

February Spread (Stable) ±0.3642

Growth Streaks & Declines

Trends

Between June and October, 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 February and March, when the average rate fell by 0.3018 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 12.7894) against the same month in 2021 (average: 11.6478), the exchange rate shifted by +1.1416 (+9.80%).

2022 Avg (December) 12.7894

2021 Avg (December) 11.6478

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.8248	11.2145	11.4787
February	11.5315	11.1673	11.3150
March	11.3552	10.6926	11.0132
April	11.5397	10.6551	10.9981
May	11.6660	11.2004	11.5005
June	11.7056	11.1174	11.4318
July	12.3196	11.7096	12.0608
August	12.2695	11.7607	12.0724
September	12.6765	12.2321	12.4574
October	13.0027	12.3323	12.7043
November	12.9591	12.2631	12.5711
December	13.0134	12.5589	12.7894