YEARLY HIGH
0.0302 ZAR
YEARLY LOW
0.0220 ZAR
YEARLY AVERAGE
0.0254 ZAR

2022 CRC to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CRC to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.0302. Conversely, the yearly low was recorded on April 4, dropping to 0.0220.

This high-to-low spread represents a total annual volatility of 0.0082 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0243 to the December average rate of 0.0293, the exchange rate registered a net change of 20.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0302 was up 17.35% compared to the 2021 peak of 0.0257, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 151 ZAR
2021 Average 119 ZAR
Yearly Trough Low 110 ZAR
Transaction Impact: A difference of 40.82 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0300
0.0222
JanuMarcMayJulySeptNove

CRC 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 0.0235, compared to 0.0274 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0235
H2 Avg (Jul–Dec) 0.0274

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0028 ZAR (High: 0.0289 / Low: 0.0261). On the other end, February was the most stable month, with a tight range of 0.0007 ZAR (High: 0.0242 / Low: 0.0235).

September Spread (Volatile) ±0.0028
February Spread (Stable) ±0.0007

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 May and June, when the average rate fell by 0.0007 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.0293) against the same month in 2021 (average: 0.0249), the exchange rate shifted by +0.0044 (+17.69%).

2022 Avg (December) 0.0293
2021 Avg (December) 0.0249

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0250 0.0238 0.0243
February 0.0242 0.0235 0.0238
March 0.0240 0.0221 0.0231
April 0.0242 0.0220 0.0229
May 0.0244 0.0229 0.0238
June 0.0237 0.0224 0.0231
July 0.0252 0.0238 0.0247
August 0.0268 0.0242 0.0254
September 0.0289 0.0261 0.0275
October 0.0298 0.0282 0.0291
November 0.0299 0.0280 0.0286
December 0.0302 0.0285 0.0293