2022 NPR to ZAR Historical Review

YEARLY HIGH

0.1397 ZAR

YEARLY LOW

0.1191 ZAR

YEARLY AVERAGE

0.1301 ZAR

2022 NPR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NPR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 0.1397. Conversely, the yearly low was recorded on March 24, dropping to 0.1191.

This high-to-low spread represents a total annual volatility of 0.0207 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1302 to the December average rate of 0.1311, the exchange rate registered a net change of 0.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1397 was up 2.23% compared to the 2021 peak of 0.1367, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 699 ZAR

2021 Average 626 ZAR

Yearly Trough Low 595 ZAR

Transaction Impact: A difference of 103.31 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1391

0.1212

JanuMarcMayJulySeptNove

NPR 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 0.1264, compared to 0.1338 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.1264

H2 Avg (Jul–Dec) 0.1338

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0116 ZAR (High: 0.1308 / Low: 0.1193). On the other end, October was the most stable month, with a tight range of 0.0046 ZAR (High: 0.1397 / Low: 0.1351).

April Spread (Volatile) ±0.0116

October Spread (Stable) ±0.0046

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 0.0043 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.1371) against the same month in 2021 (average: 0.1239), the exchange rate shifted by +0.0132 (+10.67%).

2022 Avg (September) 0.1371

2021 Avg (September) 0.1239

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1347	0.1268	0.1302
February	0.1298	0.1245	0.1271
March	0.1272	0.1191	0.1227
April	0.1308	0.1193	0.1232
May	0.1318	0.1250	0.1286
June	0.1291	0.1231	0.1267
July	0.1343	0.1293	0.1322
August	0.1348	0.1270	0.1313
September	0.1397	0.1344	0.1371
October	0.1397	0.1351	0.1376
November	0.1390	0.1297	0.1335
December	0.1352	0.1279	0.1311