YEARLY HIGH
0.4383 CNY
YEARLY LOW
0.3917 CNY
YEARLY AVERAGE
0.4117 CNY

2022 ZAR to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 0.4383. Conversely, the yearly low was recorded on October 15, dropping to 0.3917.

This high-to-low spread represents a total annual volatility of 0.0467 CNY. From a start-to-finish perspective, comparing the January average rate of 0.4101 to the December average rate of 0.4034, the exchange rate registered a net change of -1.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.4383 was down 8.00% compared to the 2021 peak of 0.4764, 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 21,916 CNY
2021 Average 21,846 CNY
Yearly Trough Low 19,583 CNY
Transaction Impact: A difference of 2,333.01 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.4312
0.3937
JanuMarcMayJulySeptNove

ZAR to CNY 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 0.4206, compared to 0.4029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0177 points.

H1 Avg (Jan–Jun) 0.4206
H2 Avg (Jul–Dec) 0.4029

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0297 CNY (High: 0.4383 / Low: 0.4087). On the other end, September was the most stable month, with a tight range of 0.0113 CNY (High: 0.4047 / Low: 0.3933).

March Spread (Volatile) ±0.0297
September Spread (Stable) ±0.0113

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 June and July, when the average rate fell by 0.0227 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.4243) against the same month in 2021 (average: 0.4346), the exchange rate shifted by -0.0104 (-2.39%).

2022 Avg (March) 0.4243
2021 Avg (March) 0.4346

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4200 0.3963 0.4101
February 0.4223 0.4101 0.4164
March 0.4383 0.4087 0.4243
April 0.4382 0.4126 0.4281
May 0.4300 0.4100 0.4215
June 0.4370 0.4111 0.4232
July 0.4104 0.3931 0.4005
August 0.4171 0.4006 0.4069
September 0.4047 0.3933 0.3987
October 0.4033 0.3917 0.3968
November 0.4220 0.3966 0.4109
December 0.4112 0.3945 0.4034