2022 GMD to ZAR Historical Review

YEARLY HIGH

0.3302 ZAR

YEARLY LOW

0.2686 ZAR

YEARLY AVERAGE

0.2957 ZAR

2022 GMD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GMD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.3302. Conversely, the yearly low was recorded on March 25, dropping to 0.2686.

This high-to-low spread represents a total annual volatility of 0.0616 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.2936 to the December average rate of 0.2786, the exchange rate registered a net change of -5.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3302 was up 6.32% compared to the 2021 peak of 0.3106, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,651 ZAR

2021 Average 1,435 ZAR

Yearly Trough Low 1,343 ZAR

Transaction Impact: A difference of 307.93 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3249

0.2744

JanuMarcMayJulySeptNove

GMD 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 0.2876, compared to 0.3038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0162 points.

H1 Avg (Jan–Jun) 0.2876

H2 Avg (Jul–Dec) 0.3038

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0397 ZAR (High: 0.3141 / Low: 0.2745). On the other end, February was the most stable month, with a tight range of 0.0106 ZAR (High: 0.2928 / Low: 0.2822).

November Spread (Volatile) ±0.0397

February Spread (Stable) ±0.0106

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0343 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0343

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.3207) against the same month in 2021 (average: 0.2835), the exchange rate shifted by +0.0372 (+13.13%).

2022 Avg (September) 0.3207

2021 Avg (September) 0.2835

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3040	0.2867	0.2936
February	0.2928	0.2822	0.2868
March	0.2903	0.2686	0.2796
April	0.2970	0.2688	0.2787
May	0.3026	0.2862	0.2946
June	0.3012	0.2829	0.2926
July	0.3171	0.3019	0.3112
August	0.3134	0.2986	0.3075
September	0.3302	0.3114	0.3207
October	0.3266	0.3089	0.3196
November	0.3141	0.2745	0.2853
December	0.2851	0.2733	0.2786