2022 ZAR to BGN Historical Review

YEARLY HIGH

0.1242 BGN

YEARLY LOW

0.1044 BGN

YEARLY AVERAGE

0.1138 BGN

2022 ZAR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 0.1242. Conversely, the yearly low was recorded on December 18, dropping to 0.1044.

This high-to-low spread represents a total annual volatility of 0.0198 BGN. 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 -4.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1242 was up 3.76% compared to the 2021 peak of 0.1197, 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 6,211 BGN

2021 Average 5,597 BGN

Yearly Trough Low 5,220 BGN

Transaction Impact: A difference of 991.41 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1218

0.1056

JanuMarcMayJulySeptNove

ZAR to BGN 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 0.1162, 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 0.0048 points.

H1 Avg (Jan–Jun) 0.1162

H2 Avg (Jul–Dec) 0.1114

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0083 BGN (High: 0.1242 / Low: 0.1159). On the other end, November was the most stable month, with a tight range of 0.0027 BGN (High: 0.1114 / Low: 0.1087).

April Spread (Volatile) ±0.0083

November Spread (Stable) ±0.0027

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: 0.1204) against the same month in 2021 (average: 0.1134), the exchange rate shifted by +0.0070 (+6.18%).

2022 Avg (April) 0.1204

2021 Avg (April) 0.1134

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1142	0.1077	0.1115
February	0.1148	0.1104	0.1132
March	0.1224	0.1141	0.1188
April	0.1242	0.1159	0.1204
May	0.1190	0.1140	0.1164
June	0.1193	0.1145	0.1170
July	0.1161	0.1118	0.1142
August	0.1179	0.1136	0.1157
September	0.1145	0.1103	0.1122
October	0.1122	0.1076	0.1098
November	0.1114	0.1087	0.1097
December	0.1084	0.1044	0.1069