2022 TRY to ZAR Historical Review

YEARLY HIGH

1.2156 ZAR

YEARLY LOW

0.8895 ZAR

YEARLY AVERAGE

0.9960 ZAR

2022 TRY to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TRY to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.2156. Conversely, the yearly low was recorded on June 8, dropping to 0.8895.

This high-to-low spread represents a total annual volatility of 0.3261 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.1458 to the December average rate of 0.9270, the exchange rate registered a net change of -19.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.2156 was down 42.48% compared to the 2021 peak of 2.1135, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 60,781 ZAR

2021 Average 85,376 ZAR

Yearly Trough Low 44,476 ZAR

Transaction Impact: A difference of 16,304.94 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.1677

0.9051

JanuMarcMayJulySeptNove

TRY 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 1.0434, compared to 0.9486 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0948 points.

H1 Avg (Jan–Jun) 1.0434

H2 Avg (Jul–Dec) 0.9486

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.1372 ZAR (High: 1.0825 / Low: 0.9453). On the other end, October was the most stable month, with a tight range of 0.0399 ZAR (High: 0.9894 / Low: 0.9495).

May Spread (Volatile) ±0.1372

October Spread (Stable) ±0.0399

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 0.0923 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0923

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 1.1458) against the same month in 2021 (average: 2.0430), the exchange rate shifted by -0.8971 (-43.91%).

2022 Avg (January) 1.1458

2021 Avg (January) 2.0430

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2156	1.1227	1.1458
February	1.1410	1.0921	1.1166
March	1.1083	0.9790	1.0242
April	1.0807	0.9927	1.0213
May	1.0825	0.9453	1.0195
June	0.9772	0.8895	0.9329
July	0.9850	0.9215	0.9640
August	0.9418	0.9014	0.9271
September	0.9798	0.9390	0.9602
October	0.9894	0.9495	0.9751
November	0.9886	0.9119	0.9379
December	0.9482	0.9050	0.9270