YEARLY HIGH
35.5783 AOA
YEARLY LOW
23.8544 AOA
YEARLY AVERAGE
28.2994 AOA

2022 ZAR to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 35.5783. Conversely, the yearly low was recorded on September 26, dropping to 23.8544.

This high-to-low spread represents a total annual volatility of 11.7239 AOA. From a start-to-finish perspective, comparing the January average rate of 34.6923 to the December average rate of 29.1829, the exchange rate registered a net change of -15.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 35.5783 was down 25.61% compared to the 2021 peak of 47.8256, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,778,913 AOA
2021 Average 2,123,262 AOA
Yearly Trough Low 1,192,720 AOA
Transaction Impact: A difference of 586,192.70 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

35.7132
23.4618
JanuMarcMayJulySeptNove

ZAR to AOA 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 30.1676, compared to 26.4312 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.7364 points.

H1 Avg (Jan–Jun) 30.1676
H2 Avg (Jul–Dec) 26.4312

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 4.9893 AOA (High: 30.4739 / Low: 25.4846). On the other end, September was the most stable month, with a tight range of 1.1723 AOA (High: 25.0267 / Low: 23.8544).

April Spread (Volatile) ±4.9893
September Spread (Stable) ±1.1723

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 2.9102 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.9102

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 34.6923) against the same month in 2021 (average: 43.3841), the exchange rate shifted by -8.6919 (-20.03%).

2022 Avg (January) 34.6923
2021 Avg (January) 43.3841

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 35.5783 33.8941 34.6923
February 34.9212 32.2551 33.7796
March 32.4850 30.4862 31.1667
April 30.4739 25.4846 28.2565
May 27.0864 24.7966 25.8936
June 28.1024 26.2792 27.2169
July 26.2451 25.0639 25.6196
August 26.5527 25.0562 25.7082
September 25.0267 23.8544 24.4828
October 26.7865 23.9569 24.8866
November 30.0870 26.5112 28.7070
December 29.7387 28.5369 29.1829