2022 FKP to ZAR Historical Review

YEARLY HIGH

21.6990 ZAR

YEARLY LOW

18.8901 ZAR

YEARLY AVERAGE

20.1808 ZAR

2022 FKP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the FKP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 21.6990. Conversely, the yearly low was recorded on April 12, dropping to 18.8901.

This high-to-low spread represents a total annual volatility of 2.8089 ZAR. From a start-to-finish perspective, comparing the January average rate of 21.0122 to the December average rate of 21.0488, the exchange rate registered a net change of 0.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 21.6990 was down 0.07% compared to the 2021 peak of 21.7135, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 108,495 ZAR

2021 Average 101,681 ZAR

Yearly Trough Low 94,451 ZAR

Transaction Impact: A difference of 14,044.53 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

21.2097

19.2790

JanuMarcMayJulySeptNove

FKP 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 20.0075, compared to 20.3541 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3466 points.

H1 Avg (Jan–Jun) 20.0075

H2 Avg (Jul–Dec) 20.3541

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 1.4959 ZAR (High: 20.5316 / Low: 19.0356). On the other end, May was the most stable month, with a tight range of 0.6156 ZAR (High: 20.1472 / Low: 19.5317).

March Spread (Volatile) ±1.4959

May Spread (Stable) ±0.6156

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.9167 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 21.0122) against the same month in 2021 (average: 20.6243), the exchange rate shifted by +0.3879 (+1.88%).

2022 Avg (January) 21.0122

2021 Avg (January) 20.6243

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.6990	20.4599	21.0122
February	20.9893	20.2912	20.6163
March	20.5316	19.0356	19.6996
April	20.0835	18.8901	19.4399
May	20.1472	19.5317	19.7879
June	19.8144	19.1794	19.4895
July	20.5324	19.7572	20.1946
August	20.4634	19.6303	19.9909
September	20.2198	19.3313	19.9124
October	21.0629	19.9284	20.4678
November	20.9369	20.1963	20.5102
December	21.5936	20.4170	21.0488