2022 SGD to ZAR Historical Review

YEARLY HIGH

13.0067 ZAR

YEARLY LOW

10.6513 ZAR

YEARLY AVERAGE

11.8673 ZAR

2022 SGD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SGD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 13.0067. Conversely, the yearly low was recorded on April 12, dropping to 10.6513.

This high-to-low spread represents a total annual volatility of 2.3554 ZAR. From a start-to-finish perspective, comparing the January average rate of 11.4764 to the December average rate of 12.7867, the exchange rate registered a net change of 11.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 13.0067 was up 9.59% compared to the 2021 peak of 11.8681, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,033 ZAR

2021 Average 55,027 ZAR

Yearly Trough Low 53,257 ZAR

Transaction Impact: A difference of 11,776.86 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

12.9652

10.8230

JanuMarcMayJulySeptNove

SGD 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 11.2879, compared to 12.4467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1588 points.

H1 Avg (Jan–Jun) 11.2879

H2 Avg (Jul–Dec) 12.4467

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.8836 ZAR (High: 11.5349 / Low: 10.6513). On the other end, September was the most stable month, with a tight range of 0.3512 ZAR (High: 12.6002 / Low: 12.2490).

April Spread (Volatile) ±0.8836

September Spread (Stable) ±0.3512

Growth Streaks & Declines

Trends

Between June and October, 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 0.2947 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2947

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 12.7867) against the same month in 2021 (average: 11.6466), the exchange rate shifted by +1.1401 (+9.79%).

2022 Avg (December) 12.7867

2021 Avg (December) 11.6466

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.8407	11.2255	11.4764
February	11.5393	11.1720	11.3064
March	11.3631	10.7009	11.0117
April	11.5349	10.6513	11.0015
May	11.6925	11.2647	11.5028
June	11.7207	11.1126	11.4287
July	12.3060	11.6980	12.0589
August	12.2530	11.7920	12.0710
September	12.6002	12.2490	12.4421
October	12.9638	12.3989	12.7268
November	12.9461	12.3382	12.5946
December	13.0067	12.5894	12.7867