YEARLY HIGH
1.4625 EGP
YEARLY LOW
0.9809 EGP
YEARLY AVERAGE
1.1705 EGP

2022 ZAR to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1.4625. Conversely, the yearly low was recorded on January 4, dropping to 0.9809.

This high-to-low spread represents a total annual volatility of 0.4816 EGP. From a start-to-finish perspective, comparing the January average rate of 1.0143 to the December average rate of 1.4263, the exchange rate registered a net change of 40.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.4625 was up 25.12% compared to the 2021 peak of 1.1689, 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 73,126 EGP
2021 Average 53,142 EGP
Yearly Trough Low 49,045 EGP
Transaction Impact: A difference of 24,080.53 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.4675
0.9731
JanuMarcMayJulySeptNove

ZAR to EGP 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 1.1223, compared to 1.2187 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0964 points.

H1 Avg (Jan–Jun) 1.1223
H2 Avg (Jul–Dec) 1.2187

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.2595 EGP (High: 1.2748 / Low: 1.0152). On the other end, February was the most stable month, with a tight range of 0.0357 EGP (High: 1.0488 / Low: 1.0131).

March Spread (Volatile) ±0.2595
February Spread (Stable) ±0.0357

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 April and May, when the average rate fell by 0.0674 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0674

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 1.4263) against the same month in 2021 (average: 0.9899), the exchange rate shifted by +0.4365 (+44.09%).

2022 Avg (December) 1.4263
2021 Avg (December) 0.9899

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0413 0.9809 1.0143
February 1.0488 1.0131 1.0323
March 1.2748 1.0152 1.1155
April 1.2732 1.1557 1.2277
May 1.2010 1.1321 1.1603
June 1.2222 1.1539 1.1836
July 1.1541 1.1014 1.1237
August 1.1841 1.1220 1.1461
September 1.1311 1.0800 1.1028
October 1.3179 1.0684 1.1125
November 1.4456 1.3173 1.4007
December 1.4625 1.3966 1.4263