2022 ZAR to IDR Historical Review

YEARLY HIGH

989.5208 IDR

YEARLY LOW

837.5270 IDR

YEARLY AVERAGE

909.4507 IDR

2022 ZAR to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 989.5208. Conversely, the yearly low was recorded on September 25, dropping to 837.5270.

This high-to-low spread represents a total annual volatility of 151.9938 IDR. From a start-to-finish perspective, comparing the January average rate of 924.8336 to the December average rate of 900.6543, the exchange rate registered a net change of -2.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 989.5208 was down 7.08% compared to the 2021 peak of 1064.9020, 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 49,476,039 IDR

2021 Average 48,445,572 IDR

Yearly Trough Low 41,876,351 IDR

Transaction Impact: A difference of 7,599,687.77 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

969.9842

841.1727

JanuMarcMayJulySeptNove

ZAR to IDR 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 938.7131, compared to 880.1884 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 58.5247 points.

H1 Avg (Jan–Jun) 938.7131

H2 Avg (Jul–Dec) 880.1884

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 81.8794 IDR (High: 989.5208 / Low: 907.6414). On the other end, October was the most stable month, with a tight range of 27.6125 IDR (High: 865.9906 / Low: 838.3782).

April Spread (Volatile) ±81.8794

October Spread (Stable) ±27.6125

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 April and May, when the average rate fell by 41.3221 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -41.3221

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 958.9228) against the same month in 2021 (average: 1008.1101), the exchange rate shifted by -49.1873 (-4.88%).

2022 Avg (April) 958.9228

2021 Avg (April) 1008.1101

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	949.5357	892.1917	924.8336
February	956.7646	928.3978	942.3746
March	988.5850	930.3770	959.2499
April	989.5208	907.6414	958.9228
May	938.4493	895.4156	917.6006
June	949.0081	914.9911	929.2970
July	917.3172	873.5596	890.3956
August	911.1383	867.0331	887.6149
September	868.7727	837.5270	852.9851
October	865.9906	838.3782	851.9070
November	925.3530	857.7334	897.5733
December	923.3557	873.9769	900.6543