YEARLY HIGH
5.7693 ZAR
YEARLY LOW
4.8453 ZAR
YEARLY AVERAGE
5.3082 ZAR

2022 TND to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TND to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 5.7693. Conversely, the yearly low was recorded on April 12, dropping to 4.8453.

This high-to-low spread represents a total annual volatility of 0.9239 ZAR. From a start-to-finish perspective, comparing the January average rate of 5.3718 to the December average rate of 5.4535, the exchange rate registered a net change of 1.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 5.7693 was up 0.40% compared to the 2021 peak of 5.7465, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 28,846 ZAR
2021 Average 26,621 ZAR
Yearly Trough Low 24,227 ZAR
Transaction Impact: A difference of 4,619.59 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

5.6244
4.9534
JanuMarcMayJulySeptNove

TND 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 5.1844, compared to 5.4321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2476 points.

H1 Avg (Jan–Jun) 5.1844
H2 Avg (Jul–Dec) 5.4321

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.4604 ZAR (High: 5.6879 / Low: 5.2276). On the other end, February was the most stable month, with a tight range of 0.2000 ZAR (High: 5.4223 / Low: 5.2223).

November Spread (Volatile) ±0.4604
February Spread (Stable) ±0.2000

Growth Streaks & Declines

Trends

Between August and October, 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 February and March, when the average rate fell by 0.2141 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2141

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 5.4510) against the same month in 2021 (average: 5.2173), the exchange rate shifted by +0.2337 (+4.48%).

2022 Avg (September) 5.4510
2021 Avg (September) 5.2173

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.5620 5.2509 5.3718
February 5.4223 5.2223 5.2907
March 5.2883 4.8996 5.0766
April 5.2370 4.8453 5.0093
May 5.3146 5.0525 5.1954
June 5.3098 5.0522 5.1627
July 5.5462 5.2245 5.4118
August 5.3898 5.1571 5.2851
September 5.7693 5.3441 5.4510
October 5.6809 5.4427 5.5685
November 5.6879 5.2276 5.4224
December 5.5998 5.3520 5.4535