YEARLY HIGH
0.1241 BAM
YEARLY LOW
0.1043 BAM
YEARLY AVERAGE
0.1138 BAM

2022 ZAR to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.1241. Conversely, the yearly low was recorded on December 16, dropping to 0.1043.

This high-to-low spread represents a total annual volatility of 0.0198 BAM. From a start-to-finish perspective, comparing the January average rate of 0.1115 to the December average rate of 0.1069, the exchange rate registered a net change of -4.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1241 was up 3.27% compared to the 2021 peak of 0.1201, 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 6,204 BAM
2021 Average 5,596 BAM
Yearly Trough Low 5,215 BAM
Transaction Impact: A difference of 988.57 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1216
0.1055
JanuMarcMayJulySeptNove

ZAR to BAM 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 0.1161, compared to 0.1114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.1161
H2 Avg (Jul–Dec) 0.1114

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0090 BAM (High: 0.1226 / Low: 0.1136). On the other end, December was the most stable month, with a tight range of 0.0043 BAM (High: 0.1086 / Low: 0.1043).

March Spread (Volatile) ±0.0090
December Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0040 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 0.1203) against the same month in 2021 (average: 0.1135), the exchange rate shifted by +0.0068 (+5.95%).

2022 Avg (April) 0.1203
2021 Avg (April) 0.1135

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1144 0.1081 0.1115
February 0.1153 0.1102 0.1131
March 0.1226 0.1136 0.1187
April 0.1241 0.1154 0.1203
May 0.1199 0.1142 0.1163
June 0.1193 0.1145 0.1169
July 0.1167 0.1114 0.1140
August 0.1179 0.1134 0.1156
September 0.1147 0.1101 0.1121
October 0.1127 0.1073 0.1100
November 0.1131 0.1080 0.1099
December 0.1086 0.1043 0.1069