YEARLY HIGH
0.9563 ZAR
YEARLY LOW
0.7888 ZAR
YEARLY AVERAGE
0.8670 ZAR

2022 MDL to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MDL to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.9563. Conversely, the yearly low was recorded on April 18, dropping to 0.7888.

This high-to-low spread represents a total annual volatility of 0.1675 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.8651 to the December average rate of 0.8946, the exchange rate registered a net change of 3.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9563 was up 4.32% compared to the 2021 peak of 0.9167, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,782 ZAR
2021 Average 4,193 ZAR
Yearly Trough Low 3,944 ZAR
Transaction Impact: A difference of 837.50 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9478
0.8033
JanuMarcMayJulySeptNove

MDL 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 0.8362, compared to 0.8979 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0618 points.

H1 Avg (Jan–Jun) 0.8362
H2 Avg (Jul–Dec) 0.8979

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0789 ZAR (High: 0.8677 / Low: 0.7888). On the other end, December was the most stable month, with a tight range of 0.0276 ZAR (High: 0.9124 / Low: 0.8848).

April Spread (Volatile) ±0.0789
December Spread (Stable) ±0.0276

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 0.0360 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0360

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.9080) against the same month in 2021 (average: 0.8835), the exchange rate shifted by +0.0245 (+2.77%).

2022 Avg (November) 0.9080
2021 Avg (November) 0.8835

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9015 0.8367 0.8651
February 0.8688 0.8338 0.8513
March 0.8532 0.7905 0.8153
April 0.8677 0.7888 0.8158
May 0.8744 0.8136 0.8414
June 0.8533 0.8049 0.8280
July 0.8887 0.8537 0.8739
August 0.8885 0.8421 0.8680
September 0.9301 0.8869 0.9073
October 0.9531 0.9080 0.9358
November 0.9563 0.8785 0.9080
December 0.9124 0.8848 0.8946