YEARLY HIGH
10.5545 LRD
YEARLY LOW
8.3423 LRD
YEARLY AVERAGE
9.3791 LRD

2022 ZAR to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 10.5545. Conversely, the yearly low was recorded on October 24, dropping to 8.3423.

This high-to-low spread represents a total annual volatility of 2.2122 LRD. From a start-to-finish perspective, comparing the January average rate of 9.6424 to the December average rate of 8.9199, the exchange rate registered a net change of -7.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 10.5545 was down 17.30% compared to the 2021 peak of 12.7618, 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 527,724 LRD
2021 Average 563,871 LRD
Yearly Trough Low 417,115 LRD
Transaction Impact: A difference of 110,609.62 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

10.4476
8.3030
JanuMarcMayJulySeptNove

ZAR to LRD 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 9.8836, compared to 8.8746 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0090 points.

H1 Avg (Jan–Jun) 9.8836
H2 Avg (Jul–Dec) 8.8746

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.9782 LRD (High: 10.4792 / Low: 9.5010). On the other end, February was the most stable month, with a tight range of 0.3689 LRD (High: 10.2624 / Low: 9.8935).

April Spread (Volatile) ±0.9782
February Spread (Stable) ±0.3689

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 0.5939 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5939

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 10.2689) against the same month in 2021 (average: 11.5846), the exchange rate shifted by -1.3156 (-11.36%).

2022 Avg (March) 10.2689
2021 Avg (March) 11.5846

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.0307 9.0902 9.6424
February 10.2624 9.8935 10.0891
March 10.5545 9.9809 10.2689
April 10.4792 9.5010 10.1418
May 9.7792 9.3220 9.5479
June 9.9391 9.3590 9.6115
July 9.3399 8.8913 9.0726
August 9.4943 8.9740 9.1933
September 8.9945 8.5014 8.7550
October 8.7174 8.3423 8.4817
November 9.0685 8.3438 8.8254
December 9.1227 8.7132 8.9199