YEARLY HIGH
59.3109 ZAR
YEARLY LOW
47.6537 ZAR
YEARLY AVERAGE
53.4150 ZAR

2022 KWD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the KWD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 59.3109. Conversely, the yearly low was recorded on April 12, dropping to 47.6537.

This high-to-low spread represents a total annual volatility of 11.6573 ZAR. From a start-to-finish perspective, comparing the January average rate of 51.2480 to the December average rate of 56.4079, the exchange rate registered a net change of 10.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 59.3109 was up 10.34% compared to the 2021 peak of 53.7509, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 296,555 ZAR
2021 Average 245,094 ZAR
Yearly Trough Low 238,268 ZAR
Transaction Impact: A difference of 58,286.27 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

59.3586
48.3055
JanuMarcMayJulySeptNove

KWD 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 50.5920, compared to 56.2380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.6460 points.

H1 Avg (Jan–Jun) 50.5920
H2 Avg (Jul–Dec) 56.2380

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 4.4545 ZAR (High: 52.1082 / Low: 47.6537). On the other end, February was the most stable month, with a tight range of 1.6870 ZAR (High: 51.3042 / Low: 49.6172).

April Spread (Volatile) ±4.4545
February Spread (Stable) ±1.6870

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 1.8355 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.8355

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 58.4375) against the same month in 2021 (average: 49.3282), the exchange rate shifted by +9.1093 (+18.47%).

2022 Avg (October) 58.4375
2021 Avg (October) 49.3282

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 52.9682 49.9387 51.2480
February 51.3042 49.6172 50.3594
March 50.9323 47.7216 49.2529
April 52.1082 47.6537 49.2266
May 52.9576 50.4767 51.8628
June 53.1107 49.9040 51.6024
July 55.7084 53.1956 54.6927
August 55.5970 52.7242 54.4119
September 58.3714 55.5261 56.8761
October 59.3109 57.0286 58.4375
November 59.2464 55.1604 56.6020
December 57.6383 55.3226 56.4079