2022 EUR to ZAR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 EUR to ZAR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the EUR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 18.7075. Conversely, the yearly low was recorded on April 12, dropping to 15.7290.
This high-to-low spread represents a total annual volatility of 2.9785 ZAR. From a start-to-finish perspective, comparing the January average rate of 17.5499 to the December average rate of 18.3195, the exchange rate registered a net change of 4.39% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 18.7075 was down 1.22% compared to the 2021 peak of 18.9382, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
EUR to ZAR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 16.8452, compared to 17.5751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7300 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was March, with a trading range of 1.1784 ZAR (High: 17.1401 / Low: 15.9617). On the other end, November was the most stable month, with a tight range of 0.4458 ZAR (High: 18.0001 / Low: 17.5542).
Growth Streaks & Declines
TrendsBetween August and December, 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 0.8103 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 18.3195) against the same month in 2021 (average: 17.9526), the exchange rate shifted by +0.3669 (+2.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 18.1569 | 17.1178 | 17.5499 |
| February | 17.7404 | 17.0528 | 17.2780 |
| March | 17.1401 | 15.9617 | 16.4677 |
| April | 16.8786 | 15.7290 | 16.2467 |
| May | 17.1675 | 16.4422 | 16.8082 |
| June | 17.0742 | 16.3896 | 16.7205 |
| July | 17.4988 | 16.8576 | 17.1435 |
| August | 17.2037 | 16.5921 | 16.9092 |
| September | 17.7328 | 17.0906 | 17.4252 |
| October | 18.1930 | 17.4427 | 17.8205 |
| November | 18.0001 | 17.5542 | 17.8328 |
| December | 18.7075 | 18.0439 | 18.3195 |