2022 GNF to ZAR Historical Review

YEARLY HIGH

0.0021 ZAR

YEARLY LOW

0.0016 ZAR

YEARLY AVERAGE

0.0019 ZAR

2022 GNF to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GNF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.0021. Conversely, the yearly low was recorded on March 26, dropping to 0.0016.

This high-to-low spread represents a total annual volatility of 0.0005 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0017 to the December average rate of 0.0020, the exchange rate registered a net change of 16.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0021 was up 23.05% compared to the 2021 peak of 0.0017, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11 ZAR

2021 Average 8 ZAR

Yearly Trough Low 8 ZAR

Transaction Impact: A difference of 2.54 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0021

0.0016

JanuMarcMayJulySeptNove

GNF 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 0.0017, compared to 0.0020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0017

H2 Avg (Jul–Dec) 0.0020

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0002 ZAR (High: 0.0021 / Low: 0.0019). On the other end, February was the most stable month, with a tight range of 0.0001 ZAR (High: 0.0017 / Low: 0.0017).

November Spread (Volatile) ±0.0002

February Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.0020) against the same month in 2021 (average: 0.0016), the exchange rate shifted by +0.0004 (+23.12%).

2022 Avg (November) 0.0020

2021 Avg (November) 0.0016

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0017	0.0017	0.0017
February	0.0017	0.0017	0.0017
March	0.0017	0.0016	0.0017
April	0.0018	0.0016	0.0017
May	0.0018	0.0018	0.0018
June	0.0019	0.0017	0.0018
July	0.0020	0.0019	0.0019
August	0.0020	0.0018	0.0019
September	0.0021	0.0020	0.0020
October	0.0021	0.0020	0.0021
November	0.0021	0.0019	0.0020
December	0.0020	0.0019	0.0020