YEARLY HIGH
5.0560 ZAR
YEARLY LOW
3.9814 ZAR
YEARLY AVERAGE
4.4920 ZAR

2022 QAR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the QAR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 5.0560. Conversely, the yearly low was recorded on March 30, dropping to 3.9814.

This high-to-low spread represents a total annual volatility of 1.0746 ZAR. From a start-to-finish perspective, comparing the January average rate of 4.2576 to the December average rate of 4.7425, the exchange rate registered a net change of 11.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 5.0560 was up 13.12% compared to the 2021 peak of 4.4696, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25,280 ZAR
2021 Average 20,295 ZAR
Yearly Trough Low 19,907 ZAR
Transaction Impact: A difference of 5,373.23 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

5.0604
4.0226
JanuMarcMayJulySeptNove

QAR 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 4.2303, compared to 4.7537 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5234 points.

H1 Avg (Jan–Jun) 4.2303
H2 Avg (Jul–Dec) 4.7537

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.4175 ZAR (High: 5.0560 / Low: 4.6385). On the other end, February was the most stable month, with a tight range of 0.1370 ZAR (High: 4.2585 / Low: 4.1214).

November Spread (Volatile) ±0.4175
February Spread (Stable) ±0.1370

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 0.1845 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1845

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 4.7894) against the same month in 2021 (average: 4.2720), the exchange rate shifted by +0.5173 (+12.11%).

2022 Avg (November) 4.7894
2021 Avg (November) 4.2720

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.4049 4.1420 4.2576
February 4.2585 4.1214 4.1834
March 4.2460 3.9814 4.1091
April 4.3922 3.9903 4.1271
May 4.4636 4.2346 4.3646
June 4.4488 4.2003 4.3401
July 4.7134 4.4600 4.5989
August 4.7070 4.4404 4.5895
September 4.9687 4.7009 4.8279
October 5.0549 4.8433 4.9739
November 5.0560 4.6385 4.7894
December 4.8546 4.6511 4.7425