YEARLY HIGH
2.6769 ZAR
YEARLY LOW
2.1086 ZAR
YEARLY AVERAGE
2.3744 ZAR

2022 BOB to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BOB to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 2.6769. Conversely, the yearly low was recorded on March 30, dropping to 2.1086.

This high-to-low spread represents a total annual volatility of 0.5684 ZAR. From a start-to-finish perspective, comparing the January average rate of 2.2501 to the December average rate of 2.5012, the exchange rate registered a net change of 11.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.6769 was up 13.59% compared to the 2021 peak of 2.3566, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,385 ZAR
2021 Average 10,714 ZAR
Yearly Trough Low 10,543 ZAR
Transaction Impact: A difference of 2,841.75 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.6662
2.1307
JanuMarcMayJulySeptNove

BOB 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 2.2385, compared to 2.5103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2718 points.

H1 Avg (Jan–Jun) 2.2385
H2 Avg (Jul–Dec) 2.5103

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.2183 ZAR (High: 2.3282 / Low: 2.1098). On the other end, February was the most stable month, with a tight range of 0.0752 ZAR (High: 2.2560 / Low: 2.1809).

April Spread (Volatile) ±0.2183
February Spread (Stable) ±0.0752

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0951 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0951

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 2.6216) against the same month in 2021 (average: 2.1550), the exchange rate shifted by +0.4666 (+21.65%).

2022 Avg (October) 2.6216
2021 Avg (October) 2.1550

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3270 2.1885 2.2501
February 2.2560 2.1809 2.2137
March 2.2403 2.1086 2.1753
April 2.3282 2.1098 2.1822
May 2.3652 2.2478 2.3119
June 2.3672 2.2250 2.2981
July 2.4999 2.3745 2.4459
August 2.4826 2.3419 2.4211
September 2.6179 2.4765 2.5455
October 2.6769 2.5520 2.6216
November 2.6689 2.4572 2.5265
December 2.5514 2.4510 2.5012