YEARLY HIGH
45.4786 CRC
YEARLY LOW
33.1653 CRC
YEARLY AVERAGE
39.6409 CRC

2022 ZAR to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 45.4786. Conversely, the yearly low was recorded on December 12, dropping to 33.1653.

This high-to-low spread represents a total annual volatility of 12.3133 CRC. From a start-to-finish perspective, comparing the January average rate of 41.2200 to the December average rate of 34.1063, the exchange rate registered a net change of -17.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 45.4786 was down 1.44% compared to the 2021 peak of 46.1447, 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 2,273,930 CRC
2021 Average 2,102,964 CRC
Yearly Trough Low 1,658,264 CRC
Transaction Impact: A difference of 615,665.31 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

44.7609
33.1377
JanuMarcMayJulySeptNove

ZAR to CRC 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 42.6421, compared to 36.6398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.0023 points.

H1 Avg (Jan–Jun) 42.6421
H2 Avg (Jul–Dec) 36.6398

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 4.1371 CRC (High: 45.4786 / Low: 41.3415). On the other end, February was the most stable month, with a tight range of 1.2507 CRC (High: 42.5897 / Low: 41.3391).

April Spread (Volatile) ±4.1371
February Spread (Stable) ±1.2507

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 August and September, when the average rate fell by 2.9498 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.9498

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 43.7923) against the same month in 2021 (average: 42.5446), the exchange rate shifted by +1.2477 (+2.93%).

2022 Avg (April) 43.7923
2021 Avg (April) 42.5446

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 42.0634 40.0112 41.2200
February 42.5897 41.3391 42.1042
March 45.2100 41.6955 43.2817
April 45.4786 41.3415 43.7923
May 43.5869 40.9306 42.1116
June 44.5904 42.1206 43.3427
July 42.0286 39.6256 40.4662
August 41.3738 37.3096 39.3877
September 38.3519 34.6250 36.4379
October 35.4398 33.5817 34.4266
November 35.7434 33.4819 35.0138
December 35.0684 33.1653 34.1063