YEARLY HIGH
0.0135 ZAR
YEARLY LOW
0.0118 ZAR
YEARLY AVERAGE
0.0127 ZAR

2022 KRW to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the KRW to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0135. Conversely, the yearly low was recorded on April 11, dropping to 0.0118.

This high-to-low spread represents a total annual volatility of 0.0017 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0130 to the December average rate of 0.0134, the exchange rate registered a net change of 3.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0135 was down 4.38% compared to the 2021 peak of 0.0141, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 67,609 ZAR
2021 Average 64,608 ZAR
Yearly Trough Low 59,052 ZAR
Transaction Impact: A difference of 8,556.93 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0135
0.0120
JanuMarcMayJulySeptNove

KRW 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 0.0125, compared to 0.0128 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) 0.0125
H2 Avg (Jul–Dec) 0.0128

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0009 ZAR (High: 0.0128 / Low: 0.0119). On the other end, September was the most stable month, with a tight range of 0.0003 ZAR (High: 0.0127 / Low: 0.0124).

March Spread (Volatile) ±0.0009
September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.0134) against the same month in 2021 (average: 0.0134), the exchange rate shifted by -0.0000 (-0.35%).

2022 Avg (December) 0.0134
2021 Avg (December) 0.0134

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0134 0.0127 0.0130
February 0.0130 0.0125 0.0127
March 0.0128 0.0119 0.0123
April 0.0126 0.0118 0.0122
May 0.0127 0.0124 0.0125
June 0.0127 0.0122 0.0124
July 0.0131 0.0126 0.0129
August 0.0129 0.0124 0.0126
September 0.0127 0.0124 0.0126
October 0.0129 0.0124 0.0127
November 0.0131 0.0127 0.0129
December 0.0135 0.0130 0.0134