2022 ZAR to CVE Historical Review

YEARLY HIGH

7.0131 CVE

YEARLY LOW

5.8912 CVE

YEARLY AVERAGE

6.4310 CVE

2022 ZAR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 7.0131. Conversely, the yearly low was recorded on December 18, dropping to 5.8912.

This high-to-low spread represents a total annual volatility of 1.1219 CVE. From a start-to-finish perspective, comparing the January average rate of 6.3040 to the December average rate of 6.0362, the exchange rate registered a net change of -4.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 7.0131 was up 3.06% compared to the 2021 peak of 6.8051, 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 350,654 CVE

2021 Average 316,713 CVE

Yearly Trough Low 294,558 CVE

Transaction Impact: A difference of 56,095.22 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

6.8712

5.9603

JanuMarcMayJulySeptNove

ZAR to CVE 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 6.5709, compared to 6.2911 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2798 points.

H1 Avg (Jan–Jun) 6.5709

H2 Avg (Jul–Dec) 6.2911

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.5467 CVE (High: 7.0131 / Low: 6.4664). On the other end, December was the most stable month, with a tight range of 0.2381 CVE (High: 6.1293 / Low: 5.8912).

April Spread (Volatile) ±0.5467

December Spread (Stable) ±0.2381

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 0.2156 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 6.7953) against the same month in 2021 (average: 6.4223), the exchange rate shifted by +0.3729 (+5.81%).

2022 Avg (April) 6.7953

2021 Avg (April) 6.4223

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.4563	6.0915	6.3040
February	6.5316	6.2479	6.4074
March	6.9277	6.4039	6.7226
April	7.0131	6.4664	6.7953
May	6.7858	6.4531	6.5838
June	6.7612	6.4308	6.6123
July	6.5931	6.2740	6.3967
August	6.6855	6.4242	6.5387
September	6.4620	5.9832	6.3241
October	6.3737	6.0931	6.2233
November	6.3976	6.0894	6.2276
December	6.1293	5.8912	6.0362