2022 GTQ to ZAR Historical Review

YEARLY HIGH

2.3594 ZAR

YEARLY LOW

1.8863 ZAR

YEARLY AVERAGE

2.1111 ZAR

2022 GTQ to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GTQ to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 2.3594. Conversely, the yearly low was recorded on March 30, dropping to 1.8863.

This high-to-low spread represents a total annual volatility of 0.4731 ZAR. From a start-to-finish perspective, comparing the January average rate of 2.0119 to the December average rate of 2.1971, the exchange rate registered a net change of 9.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.3594 was up 12.20% compared to the 2021 peak of 2.1029, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,797 ZAR

2021 Average 9,558 ZAR

Yearly Trough Low 9,432 ZAR

Transaction Impact: A difference of 2,365.29 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.3411

1.9057

JanuMarcMayJulySeptNove

GTQ 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 2.0016, compared to 2.2205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2189 points.

H1 Avg (Jan–Jun) 2.0016

H2 Avg (Jul–Dec) 2.2205

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.1963 ZAR (High: 2.0896 / Low: 1.8933). On the other end, February was the most stable month, with a tight range of 0.0630 ZAR (High: 2.0149 / Low: 1.9520).

April Spread (Volatile) ±0.1963

February Spread (Stable) ±0.0630

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 0.0700 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0700

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 2.3048) against the same month in 2021 (average: 1.9227), the exchange rate shifted by +0.3821 (+19.87%).

2022 Avg (October) 2.3048

2021 Avg (October) 1.9227

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0790	1.9585	2.0119
February	2.0149	1.9520	1.9793
March	1.9956	1.8863	1.9420
April	2.0896	1.8933	1.9575
May	2.1177	2.0194	2.0726
June	2.1023	1.9854	2.0464
July	2.2180	2.1067	2.1724
August	2.2163	2.0892	2.1586
September	2.3077	2.1939	2.2555
October	2.3594	2.2350	2.3048
November	2.3583	2.1736	2.2348
December	2.2440	2.1582	2.1971