YEARLY HIGH
23.5508 LKR
YEARLY LOW
12.6449 LKR
YEARLY AVERAGE
19.6827 LKR

2022 ZAR to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 23.5508. Conversely, the yearly low was recorded on January 4, dropping to 12.6449.

This high-to-low spread represents a total annual volatility of 10.9059 LKR. From a start-to-finish perspective, comparing the January average rate of 13.0692 to the December average rate of 21.2144, the exchange rate registered a net change of 62.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 23.5508 was up 59.70% compared to the 2021 peak of 14.7470, 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 1,177,539 LKR
2021 Average 671,618 LKR
Yearly Trough Low 632,244 LKR
Transaction Impact: A difference of 545,295.33 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

23.6991
12.1029
JanuMarcMayJulySeptNove

ZAR to LKR 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 18.3797, compared to 20.9856 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6059 points.

H1 Avg (Jan–Jun) 18.3797
H2 Avg (Jul–Dec) 20.9856

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 7.2534 LKR (High: 20.3500 / Low: 13.0966). On the other end, February was the most stable month, with a tight range of 0.4469 LKR (High: 13.5028 / Low: 13.0559).

March Spread (Volatile) ±7.2534
February Spread (Stable) ±0.4469

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.3626 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.3626

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 22.5044) against the same month in 2021 (average: 14.0420), the exchange rate shifted by +8.4624 (+60.27%).

2022 Avg (May) 22.5044
2021 Avg (May) 14.0420

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.4197 12.6449 13.0692
February 13.5028 13.0559 13.2914
March 20.3500 13.0966 17.1305
April 22.3721 20.2080 21.5502
May 23.5508 21.6383 22.5044
June 23.4356 21.7736 22.7327
July 22.0421 20.9007 21.3701
August 22.3301 20.6958 21.5929
September 21.1542 19.9764 20.5490
October 20.5775 19.8423 20.1539
November 21.6646 19.9274 21.0332
December 21.5810 20.8436 21.2144