YEARLY HIGH
0.1521 ZAR
YEARLY LOW
0.1259 ZAR
YEARLY AVERAGE
0.1387 ZAR

2022 KES to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the KES to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 0.1521. Conversely, the yearly low was recorded on April 12, dropping to 0.1259.

This high-to-low spread represents a total annual volatility of 0.0263 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1367 to the December average rate of 0.1405, the exchange rate registered a net change of 2.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1521 was up 5.15% compared to the 2021 peak of 0.1447, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 761 ZAR
2021 Average 674 ZAR
Yearly Trough Low 629 ZAR
Transaction Impact: A difference of 131.28 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1516
0.1281
JanuMarcMayJulySeptNove

KES 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 0.1339, compared to 0.1435 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0097 points.

H1 Avg (Jan–Jun) 0.1339
H2 Avg (Jul–Dec) 0.1435

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0128 ZAR (High: 0.1516 / Low: 0.1388). On the other end, February was the most stable month, with a tight range of 0.0044 ZAR (High: 0.1365 / Low: 0.1320).

November Spread (Volatile) ±0.0128
February Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between August and October, 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 0.0066 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.1497) against the same month in 2021 (average: 0.1342), the exchange rate shifted by +0.0155 (+11.54%).

2022 Avg (October) 0.1497
2021 Avg (October) 0.1342

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1418 0.1329 0.1367
February 0.1365 0.1320 0.1340
March 0.1353 0.1262 0.1308
April 0.1382 0.1259 0.1301
May 0.1400 0.1328 0.1367
June 0.1382 0.1307 0.1349
July 0.1449 0.1385 0.1421
August 0.1426 0.1354 0.1398
September 0.1498 0.1421 0.1459
October 0.1521 0.1460 0.1497
November 0.1516 0.1388 0.1431
December 0.1434 0.1372 0.1405