2022 ZAR to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 ZAR to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the ZAR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 616.1411. Conversely, the yearly low was recorded on November 3, dropping to 469.4241.
This high-to-low spread represents a total annual volatility of 146.7170 GNF. From a start-to-finish perspective, comparing the January average rate of 586.8641 to the December average rate of 503.0436, the exchange rate registered a net change of -14.28% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 616.1411 was down 15.68% compared to the 2021 peak of 730.6761, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
ZAR to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 580.2033, compared to 501.8201 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 78.3831 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was April, with a trading range of 60.4261 GNF (High: 613.3776 / Low: 552.9515). On the other end, February was the most stable month, with a tight range of 19.7579 GNF (High: 599.5221 / Low: 579.7641).
Growth Streaks & Declines
TrendsBetween 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 39.6865 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2022: 598.0926) against the same month in 2021 (average: 672.0071), the exchange rate shifted by -73.9145 (-11.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 599.2759 | 576.8157 | 586.8641 |
| February | 599.5221 | 579.7641 | 591.7859 |
| March | 616.1411 | 582.6453 | 598.0926 |
| April | 613.3776 | 552.9515 | 592.6907 |
| May | 570.8029 | 543.0750 | 555.5782 |
| June | 578.4114 | 532.9919 | 556.2080 |
| July | 531.8953 | 505.4493 | 516.5215 |
| August | 544.2968 | 505.0196 | 520.1676 |
| September | 505.8359 | 480.2284 | 494.3331 |
| October | 494.7047 | 470.0043 | 479.2521 |
| November | 514.9882 | 469.4241 | 497.6030 |
| December | 515.7548 | 489.1893 | 503.0436 |