YEARLY HIGH
12.2808 DJF
YEARLY LOW
9.6287 DJF
YEARLY AVERAGE
10.9246 DJF

2022 ZAR to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 12.2808. Conversely, the yearly low was recorded on October 24, dropping to 9.6287.

This high-to-low spread represents a total annual volatility of 2.6520 DJF. From a start-to-finish perspective, comparing the January average rate of 11.4761 to the December average rate of 10.2888, the exchange rate registered a net change of -10.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 12.2808 was down 7.40% compared to the 2021 peak of 13.2629, 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 614,039 DJF
2021 Average 602,730 DJF
Yearly Trough Low 481,437 DJF
Transaction Impact: A difference of 132,601.38 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

12.1167
9.6057
JanuMarcMayJulySeptNove

ZAR to DJF 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 11.5704, compared to 10.2788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2916 points.

H1 Avg (Jan–Jun) 11.5704
H2 Avg (Jul–Dec) 10.2788

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 1.1323 DJF (High: 12.2548 / Low: 11.1224). On the other end, February was the most stable month, with a tight range of 0.3690 DJF (High: 11.8614 / Low: 11.4924).

April Spread (Volatile) ±1.1323
February Spread (Stable) ±0.3690

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 0.6844 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6844

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 11.9074) against the same month in 2021 (average: 11.8800), the exchange rate shifted by +0.0274 (+0.23%).

2022 Avg (March) 11.9074
2021 Avg (March) 11.8800

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.7934 11.0946 11.4761
February 11.8614 11.4924 11.6796
March 12.2808 11.5591 11.9074
April 12.2548 11.1224 11.8847
May 11.4967 10.9800 11.2079
June 11.6369 10.9228 11.2665
July 10.9001 10.3731 10.5820
August 11.0437 10.3847 10.6681
September 10.4081 9.8115 10.1279
October 10.0881 9.6287 9.8149
November 10.4783 9.6621 10.1910
December 10.4963 10.0825 10.2888