YEARLY HIGH
0.1597 ZAR
YEARLY LOW
0.1336 ZAR
YEARLY AVERAGE
0.1465 ZAR

2022 RSD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the RSD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.1597. Conversely, the yearly low was recorded on April 12, dropping to 0.1336.

This high-to-low spread represents a total annual volatility of 0.0261 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1493 to the December average rate of 0.1561, the exchange rate registered a net change of 4.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1597 was down 0.85% compared to the 2021 peak of 0.1611, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 798 ZAR
2021 Average 744 ZAR
Yearly Trough Low 668 ZAR
Transaction Impact: A difference of 130.57 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1579
0.1362
JanuMarcMayJulySeptNove

RSD 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 0.1433, compared to 0.1498 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.1433
H2 Avg (Jul–Dec) 0.1498

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0100 ZAR (High: 0.1457 / Low: 0.1357). On the other end, November was the most stable month, with a tight range of 0.0040 ZAR (High: 0.1535 / Low: 0.1496).

March Spread (Volatile) ±0.0100
November Spread (Stable) ±0.0040

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 0.0070 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.1561) against the same month in 2021 (average: 0.1527), the exchange rate shifted by +0.0034 (+2.24%).

2022 Avg (December) 0.1561
2021 Avg (December) 0.1527

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1544 0.1456 0.1493
February 0.1509 0.1451 0.1470
March 0.1457 0.1357 0.1399
April 0.1435 0.1336 0.1380
May 0.1460 0.1397 0.1430
June 0.1455 0.1395 0.1424
July 0.1491 0.1437 0.1461
August 0.1465 0.1413 0.1441
September 0.1511 0.1456 0.1485
October 0.1551 0.1487 0.1519
November 0.1535 0.1496 0.1520
December 0.1597 0.1539 0.1561