2022 HKD to ZAR Historical Review

YEARLY HIGH

2.3451 ZAR

YEARLY LOW

1.8520 ZAR

YEARLY AVERAGE

2.0901 ZAR

2022 HKD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HKD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 2.3451. Conversely, the yearly low was recorded on March 30, dropping to 1.8520.

This high-to-low spread represents a total annual volatility of 0.4930 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.9895 to the December average rate of 2.2197, the exchange rate registered a net change of 11.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.3451 was up 12.38% compared to the 2021 peak of 2.0867, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 58,626 ZAR

2021 Average 47,574 ZAR

Yearly Trough Low 46,301 ZAR

Transaction Impact: A difference of 12,325.50 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.3477

1.8731

JanuMarcMayJulySeptNove

HKD 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 1.9689, compared to 2.2113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2424 points.

H1 Avg (Jan–Jun) 1.9689

H2 Avg (Jul–Dec) 2.2113

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.1845 ZAR (High: 2.0382 / Low: 1.8537). On the other end, February was the most stable month, with a tight range of 0.0658 ZAR (High: 1.9899 / Low: 1.9241).

April Spread (Volatile) ±0.1845

February Spread (Stable) ±0.0658

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 0.0804 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0804

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 2.2277) against the same month in 2021 (average: 1.9971), the exchange rate shifted by +0.2307 (+11.55%).

2022 Avg (November) 2.2277

2021 Avg (November) 1.9971

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0578	1.9382	1.9895
February	1.9899	1.9241	1.9533
March	1.9784	1.8520	1.9126
April	2.0382	1.8537	1.9166
May	2.0705	1.9725	2.0251
June	2.0764	1.9487	2.0165
July	2.1840	2.0808	2.1424
August	2.1837	2.0629	2.1303
September	2.3047	2.1807	2.2397
October	2.3448	2.2476	2.3082
November	2.3451	2.1720	2.2277
December	2.2712	2.1727	2.2197