YEARLY HIGH
0.0870 CAD
YEARLY LOW
0.0742 CAD
YEARLY AVERAGE
0.0797 CAD

2022 ZAR to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 0.0870. Conversely, the yearly low was recorded on October 31, dropping to 0.0742.

This high-to-low spread represents a total annual volatility of 0.0128 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0815 to the December average rate of 0.0787, the exchange rate registered a net change of -3.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0870 was down 3.38% compared to the 2021 peak of 0.0900, 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 4,348 CAD
2021 Average 4,243 CAD
Yearly Trough Low 3,710 CAD
Transaction Impact: A difference of 638.57 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0854
0.0748
JanuMarcMayJulySeptNove

ZAR to CAD 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 0.0826, compared to 0.0769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.0826
H2 Avg (Jul–Dec) 0.0769

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0069 CAD (High: 0.0870 / Low: 0.0801). On the other end, September was the most stable month, with a tight range of 0.0017 CAD (High: 0.0766 / Low: 0.0748).

April Spread (Volatile) ±0.0069
September Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0041 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 0.0841) against the same month in 2021 (average: 0.0867), the exchange rate shifted by -0.0025 (-2.92%).

2022 Avg (April) 0.0841
2021 Avg (April) 0.0867

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0833 0.0792 0.0815
February 0.0847 0.0817 0.0835
March 0.0862 0.0824 0.0846
April 0.0870 0.0801 0.0841
May 0.0823 0.0796 0.0808
June 0.0821 0.0790 0.0810
July 0.0789 0.0752 0.0769
August 0.0790 0.0762 0.0774
September 0.0766 0.0748 0.0757
October 0.0768 0.0742 0.0756
November 0.0799 0.0747 0.0770
December 0.0802 0.0764 0.0787