YEARLY HIGH
0.2227 ZAR
YEARLY LOW
0.1903 ZAR
YEARLY AVERAGE
0.2081 ZAR

2022 INR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the INR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 0.2227. Conversely, the yearly low was recorded on March 24, dropping to 0.1903.

This high-to-low spread represents a total annual volatility of 0.0324 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.2082 to the December average rate of 0.2097, the exchange rate registered a net change of 0.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2227 was up 2.72% compared to the 2021 peak of 0.2168, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 55,684 ZAR
2021 Average 50,017 ZAR
Yearly Trough Low 47,587 ZAR
Transaction Impact: A difference of 8,097.76 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2225
0.1939
JanuMarcMayJulySeptNove

INR 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 0.2022, compared to 0.2140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 0.2022
H2 Avg (Jul–Dec) 0.2140

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0180 ZAR (High: 0.2088 / Low: 0.1908). On the other end, October was the most stable month, with a tight range of 0.0062 ZAR (High: 0.2227 / Low: 0.2165).

April Spread (Volatile) ±0.0180
October Spread (Stable) ±0.0062

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 February and March, when the average rate fell by 0.0069 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.2201) against the same month in 2021 (average: 0.1986), the exchange rate shifted by +0.0215 (+10.83%).

2022 Avg (October) 0.2201
2021 Avg (October) 0.1986

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2152 0.2028 0.2082
February 0.2077 0.1997 0.2032
March 0.2031 0.1903 0.1963
April 0.2088 0.1908 0.1972
May 0.2106 0.1998 0.2056
June 0.2066 0.1968 0.2027
July 0.2150 0.2068 0.2115
August 0.2154 0.2030 0.2100
September 0.2219 0.2145 0.2191
October 0.2227 0.2165 0.2201
November 0.2226 0.2080 0.2139
December 0.2165 0.2044 0.2097