YEARLY HIGH
84.6716 KRW
YEARLY LOW
73.9551 KRW
YEARLY AVERAGE
78.9680 KRW

2022 ZAR to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on April 11, valuing the pair at 84.6716. Conversely, the yearly low was recorded on December 27, dropping to 73.9551.

This high-to-low spread represents a total annual volatility of 10.7165 KRW. From a start-to-finish perspective, comparing the January average rate of 77.1708 to the December average rate of 74.8519, the exchange rate registered a net change of -3.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 84.6716 was up 2.19% compared to the 2021 peak of 82.8594, 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 4,233,582 KRW
2021 Average 3,874,222 KRW
Yearly Trough Low 3,697,756 KRW
Transaction Impact: A difference of 535,826.55 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

83.0648
74.1053
JanuMarcMayJulySeptNove

ZAR to KRW 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 80.0486, compared to 77.8873 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1613 points.

H1 Avg (Jan–Jun) 80.0486
H2 Avg (Jul–Dec) 77.8873

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 6.0389 KRW (High: 84.3258 / Low: 78.2869). On the other end, September was the most stable month, with a tight range of 1.8758 KRW (High: 80.4032 / Low: 78.5274).

March Spread (Volatile) ±6.0389
September Spread (Stable) ±1.8758

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 June and July, when the average rate fell by 3.0946 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.0946

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 82.3182) against the same month in 2021 (average: 77.5648), the exchange rate shifted by +4.7533 (+6.13%).

2022 Avg (April) 82.3182
2021 Avg (April) 77.5648

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 79.0026 74.4682 77.1708
February 79.8873 77.2004 78.6420
March 84.3258 78.2869 81.6480
April 84.6716 79.5017 82.3182
May 80.8413 78.4520 79.7199
June 82.2120 79.0469 80.7929
July 79.5494 76.3425 77.6984
August 80.5547 77.6613 79.0677
September 80.4032 78.5274 79.2844
October 80.8181 77.7110 78.8291
November 78.7397 76.0464 77.5925
December 76.7199 73.9551 74.8519