2022 MXN to ZAR Historical Review

YEARLY HIGH

0.9357 ZAR

YEARLY LOW

0.7155 ZAR

YEARLY AVERAGE

0.8147 ZAR

2022 MXN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MXN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.9357. Conversely, the yearly low was recorded on March 8, dropping to 0.7155.

This high-to-low spread represents a total annual volatility of 0.2203 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.7562 to the December average rate of 0.8827, the exchange rate registered a net change of 16.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9357 was up 19.97% compared to the 2021 peak of 0.7800, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 46,787 ZAR

2021 Average 36,453 ZAR

Yearly Trough Low 35,773 ZAR

Transaction Impact: A difference of 11,013.55 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9245

0.7104

JanuMarcMayJulySeptNove

MXN 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 0.7606, compared to 0.8689 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1082 points.

H1 Avg (Jan–Jun) 0.7606

H2 Avg (Jul–Dec) 0.8689

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0583 ZAR (High: 0.9357 / Low: 0.8775). On the other end, February was the most stable month, with a tight range of 0.0152 ZAR (High: 0.7528 / Low: 0.7376).

November Spread (Volatile) ±0.0583

February Spread (Stable) ±0.0152

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0160 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.8968) against the same month in 2021 (average: 0.7448), the exchange rate shifted by +0.1519 (+20.39%).

2022 Avg (November) 0.8968

2021 Avg (November) 0.7448

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7809	0.7376	0.7562
February	0.7528	0.7376	0.7443
March	0.7457	0.7155	0.7283
April	0.7818	0.7281	0.7486
May	0.8062	0.7724	0.7944
June	0.8103	0.7794	0.7920
July	0.8374	0.8054	0.8202
August	0.8510	0.8091	0.8302
September	0.8979	0.8557	0.8767
October	0.9262	0.8835	0.9066
November	0.9357	0.8775	0.8968
December	0.9181	0.8697	0.8827