YEARLY HIGH
0.5399 HKD
YEARLY LOW
0.4264 HKD
YEARLY AVERAGE
0.4805 HKD

2022 ZAR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.5399. Conversely, the yearly low was recorded on November 3, dropping to 0.4264.

This high-to-low spread represents a total annual volatility of 0.1135 HKD. From a start-to-finish perspective, comparing the January average rate of 0.5028 to the December average rate of 0.4506, the exchange rate registered a net change of -10.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5399 was down 6.56% compared to the 2021 peak of 0.5779, 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 26,997 HKD
2021 Average 26,315 HKD
Yearly Trough Low 21,321 HKD
Transaction Impact: A difference of 5,675.87 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5320
0.4243
JanuMarcMayJulySeptNove

ZAR to HKD 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 0.5084, compared to 0.4527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0557 points.

H1 Avg (Jan–Jun) 0.5084
H2 Avg (Jul–Dec) 0.4527

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0488 HKD (High: 0.5395 / Low: 0.4906). On the other end, February was the most stable month, with a tight range of 0.0172 HKD (High: 0.5197 / Low: 0.5025).

April Spread (Volatile) ±0.0488
February Spread (Stable) ±0.0172

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 0.0292 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0292

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.5231) against the same month in 2021 (average: 0.5182), the exchange rate shifted by +0.0048 (+0.93%).

2022 Avg (March) 0.5231
2021 Avg (March) 0.5182

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5159 0.4860 0.5028
February 0.5197 0.5025 0.5120
March 0.5399 0.5055 0.5231
April 0.5395 0.4906 0.5223
May 0.5070 0.4830 0.4939
June 0.5132 0.4816 0.4960
July 0.4806 0.4579 0.4669
August 0.4848 0.4579 0.4696
September 0.4586 0.4339 0.4466
October 0.4449 0.4265 0.4333
November 0.4604 0.4264 0.4491
December 0.4602 0.4403 0.4506