YEARLY HIGH
0.2882 ZAR
YEARLY LOW
0.2270 ZAR
YEARLY AVERAGE
0.2563 ZAR

2022 MZN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MZN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.2882. Conversely, the yearly low was recorded on March 30, dropping to 0.2270.

This high-to-low spread represents a total annual volatility of 0.0612 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.2428 to the December average rate of 0.2707, the exchange rate registered a net change of 11.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2882 was up 11.85% compared to the 2021 peak of 0.2577, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,441 ZAR
2021 Average 1,135 ZAR
Yearly Trough Low 1,135 ZAR
Transaction Impact: A difference of 305.84 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2886
0.2294
JanuMarcMayJulySeptNove

MZN 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 0.2413, compared to 0.2713 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0300 points.

H1 Avg (Jan–Jun) 0.2413
H2 Avg (Jul–Dec) 0.2713

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0229 ZAR (High: 0.2505 / Low: 0.2275). On the other end, February was the most stable month, with a tight range of 0.0078 ZAR (High: 0.2429 / Low: 0.2351).

April Spread (Volatile) ±0.0229
February Spread (Stable) ±0.0078

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 October and November, when the average rate fell by 0.0105 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.2731) against the same month in 2021 (average: 0.2437), the exchange rate shifted by +0.0294 (+12.08%).

2022 Avg (November) 0.2731
2021 Avg (November) 0.2437

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2511 0.2364 0.2428
February 0.2429 0.2351 0.2386
March 0.2421 0.2270 0.2344
April 0.2505 0.2275 0.2354
May 0.2551 0.2425 0.2490
June 0.2552 0.2394 0.2477
July 0.2686 0.2557 0.2633
August 0.2682 0.2530 0.2617
September 0.2831 0.2679 0.2752
October 0.2880 0.2761 0.2836
November 0.2882 0.2660 0.2731
December 0.2766 0.2650 0.2707