YEARLY HIGH
0.0073 ZAR
YEARLY LOW
0.0058 ZAR
YEARLY AVERAGE
0.0065 ZAR

2022 SYP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SYP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.0073. Conversely, the yearly low was recorded on March 30, dropping to 0.0058.

This high-to-low spread represents a total annual volatility of 0.0016 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0062 to the December average rate of 0.0069, the exchange rate registered a net change of 11.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0073 was down 75.82% compared to the 2021 peak of 0.0303, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 37 ZAR
2021 Average 74 ZAR
Yearly Trough Low 29 ZAR
Transaction Impact: A difference of 7.78 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0073
0.0058
JanuMarcMayJulySeptNove

SYP 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 0.0061, compared to 0.0069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0061
H2 Avg (Jul–Dec) 0.0069

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0006 ZAR (High: 0.0064 / Low: 0.0058). On the other end, February was the most stable month, with a tight range of 0.0002 ZAR (High: 0.0062 / Low: 0.0060).

April Spread (Volatile) ±0.0006
February Spread (Stable) ±0.0002

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 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.0069) against the same month in 2021 (average: 0.0098), the exchange rate shifted by -0.0029 (-29.43%).

2022 Avg (November) 0.0069
2021 Avg (November) 0.0098

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0064 0.0060 0.0062
February 0.0062 0.0060 0.0061
March 0.0062 0.0058 0.0060
April 0.0064 0.0058 0.0060
May 0.0065 0.0062 0.0063
June 0.0065 0.0061 0.0063
July 0.0068 0.0065 0.0067
August 0.0068 0.0064 0.0067
September 0.0072 0.0068 0.0070
October 0.0073 0.0070 0.0072
November 0.0073 0.0068 0.0069
December 0.0070 0.0067 0.0069