2022 ZAR to IRR Historical Review

YEARLY HIGH

2921.4553 IRR

YEARLY LOW

2297.7911 IRR

YEARLY AVERAGE

2593.9602 IRR

2022 ZAR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 2921.4553. Conversely, the yearly low was recorded on November 3, dropping to 2297.7911.

This high-to-low spread represents a total annual volatility of 623.6642 IRR. From a start-to-finish perspective, comparing the January average rate of 2726.9302 to the December average rate of 2413.2648, the exchange rate registered a net change of -11.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2921.4553 was down 6.94% compared to the 2021 peak of 3139.2076, 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 146,072,764 IRR

2021 Average 142,725,691 IRR

Yearly Trough Low 114,889,556 IRR

Transaction Impact: A difference of 31,183,207.80 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2875.7237

2288.6748

JanuMarcMayJulySeptNove

ZAR to IRR 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 2747.5893, compared to 2440.3311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 307.2582 points.

H1 Avg (Jan–Jun) 2747.5893

H2 Avg (Jul–Dec) 2440.3311

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 266.5780 IRR (High: 2911.4686 / Low: 2644.8906). On the other end, February was the most stable month, with a tight range of 92.2592 IRR (High: 2817.1691 / Low: 2724.9099).

April Spread (Volatile) ±266.5780

February Spread (Stable) ±92.2592

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 156.9123 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -156.9123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 2826.8029) against the same month in 2021 (average: 2810.2704), the exchange rate shifted by +16.5325 (+0.59%).

2022 Avg (March) 2826.8029

2021 Avg (March) 2810.2704

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2800.8332	2635.9148	2726.9302
February	2817.1691	2724.9099	2774.0935
March	2921.4553	2737.7917	2826.8029
April	2911.4686	2644.8906	2819.2418
May	2736.8788	2602.7646	2662.7740
June	2769.2182	2599.0253	2675.6932
July	2593.6926	2470.2612	2518.7809
August	2619.4283	2471.0692	2533.3486
September	2471.3574	2340.9378	2408.6926
October	2397.5657	2298.1387	2337.5955
November	2499.7203	2297.7911	2430.3039
December	2471.1113	2342.3717	2413.2648