YEARLY HIGH
0.5120 ZAR
YEARLY LOW
0.4031 ZAR
YEARLY AVERAGE
0.4562 ZAR

2022 NIO to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NIO to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 0.5120. Conversely, the yearly low was recorded on March 13, dropping to 0.4031.

This high-to-low spread represents a total annual volatility of 0.1089 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.4375 to the December average rate of 0.4743, the exchange rate registered a net change of 8.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5120 was up 10.82% compared to the 2021 peak of 0.4620, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,560 ZAR
2021 Average 2,107 ZAR
Yearly Trough Low 2,016 ZAR
Transaction Impact: A difference of 544.34 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5118
0.4088
JanuMarcMayJulySeptNove

NIO 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 0.4316, compared to 0.4809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0493 points.

H1 Avg (Jan–Jun) 0.4316
H2 Avg (Jul–Dec) 0.4809

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0413 ZAR (High: 0.5120 / Low: 0.4707). On the other end, February was the most stable month, with a tight range of 0.0139 ZAR (High: 0.4368 / Low: 0.4229).

November Spread (Volatile) ±0.0413
February Spread (Stable) ±0.0139

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 0.0185 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.5032) against the same month in 2021 (average: 0.4227), the exchange rate shifted by +0.0805 (+19.04%).

2022 Avg (October) 0.5032
2021 Avg (October) 0.4227

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4532 0.4257 0.4375
February 0.4368 0.4229 0.4295
March 0.4314 0.4031 0.4174
April 0.4470 0.4060 0.4198
May 0.4538 0.4323 0.4440
June 0.4546 0.4267 0.4413
July 0.4786 0.4555 0.4692
August 0.4767 0.4461 0.4646
September 0.5030 0.4761 0.4894
October 0.5120 0.4903 0.5032
November 0.5120 0.4707 0.4848
December 0.4856 0.4646 0.4743