YEARLY HIGH
3.8117 ZAR
YEARLY LOW
3.1846 ZAR
YEARLY AVERAGE
3.4907 ZAR

2022 RON to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the RON to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 3.8117. Conversely, the yearly low was recorded on April 12, dropping to 3.1846.

This high-to-low spread represents a total annual volatility of 0.6271 ZAR. From a start-to-finish perspective, comparing the January average rate of 3.5491 to the December average rate of 3.7211, the exchange rate registered a net change of 4.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 3.8117 was down 2.16% compared to the 2021 peak of 3.8958, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19,059 ZAR
2021 Average 17,771 ZAR
Yearly Trough Low 15,923 ZAR
Transaction Impact: A difference of 3,135.60 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3.7645
3.2436
JanuMarcMayJulySeptNove

RON 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 3.4067, compared to 3.5746 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1680 points.

H1 Avg (Jan–Jun) 3.4067
H2 Avg (Jul–Dec) 3.5746

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.2390 ZAR (High: 3.4643 / Low: 3.2252). On the other end, September was the most stable month, with a tight range of 0.0953 ZAR (High: 3.5949 / Low: 3.4996).

March Spread (Volatile) ±0.2390
September Spread (Stable) ±0.0953

Growth Streaks & Declines

Trends

Between August and December, 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 0.1661 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1661

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 3.7211) against the same month in 2021 (average: 3.6270), the exchange rate shifted by +0.0941 (+2.59%).

2022 Avg (December) 3.7211
2021 Avg (December) 3.6270

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.6691 3.4629 3.5491
February 3.5868 3.4477 3.4947
March 3.4643 3.2252 3.3286
April 3.4222 3.1846 3.2870
May 3.4708 3.3239 3.3987
June 3.4520 3.3154 3.3820
July 3.5420 3.4169 3.4714
August 3.5521 3.3959 3.4598
September 3.5949 3.4996 3.5495
October 3.7167 3.5249 3.6166
November 3.6676 3.5689 3.6294
December 3.8117 3.6479 3.7211