YEARLY HIGH
138.5188 CDF
YEARLY LOW
110.5172 CDF
YEARLY AVERAGE
123.8834 CDF

2022 ZAR to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 138.5188. Conversely, the yearly low was recorded on October 24, dropping to 110.5172.

This high-to-low spread represents a total annual volatility of 28.0016 CDF. From a start-to-finish perspective, comparing the January average rate of 129.3970 to the December average rate of 118.3245, the exchange rate registered a net change of -8.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 138.5188 was down 6.79% compared to the 2021 peak of 148.6170, 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 6,925,939 CDF
2021 Average 6,741,204 CDF
Yearly Trough Low 5,525,859 CDF
Transaction Impact: A difference of 1,400,080.43 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

136.3446
110.8182
JanuMarcMayJulySeptNove

ZAR to CDF 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 130.3905, compared to 117.3763 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.0142 points.

H1 Avg (Jan–Jun) 130.3905
H2 Avg (Jul–Dec) 117.3763

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 12.7181 CDF (High: 138.0155 / Low: 125.2974). On the other end, February was the most stable month, with a tight range of 4.3191 CDF (High: 133.8268 / Low: 129.5077).

April Spread (Volatile) ±12.7181
February Spread (Stable) ±4.3191

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 7.6868 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -7.6868

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 134.2174) against the same month in 2021 (average: 132.6608), the exchange rate shifted by +1.5566 (+1.17%).

2022 Avg (March) 134.2174
2021 Avg (March) 132.6608

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 133.4322 124.8300 129.3970
February 133.8268 129.5077 131.9108
March 138.5188 129.9307 134.2174
April 138.0155 125.2974 133.8053
May 129.7225 123.7975 126.4584
June 130.7393 122.6648 126.5541
July 122.4668 116.5452 118.8673
August 123.7657 117.6284 120.4150
September 119.5643 113.0394 116.1954
October 116.2623 110.5172 112.9454
November 120.8740 111.2181 117.5103
December 120.5697 115.4658 118.3245