2022 ZAR to MDL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 ZAR to MDL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the ZAR to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 1.2677. Conversely, the yearly low was recorded on November 3, dropping to 1.0457.
This high-to-low spread represents a total annual volatility of 0.2220 MDL. From a start-to-finish perspective, comparing the January average rate of 1.1564 to the December average rate of 1.1178, the exchange rate registered a net change of -3.33% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 1.2677 was down 3.34% compared to the 2021 peak of 1.3115, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
ZAR to MDL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1.1970, compared to 1.1146 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0824 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was April, with a trading range of 0.1152 MDL (High: 1.2677 / Low: 1.1525). On the other end, December was the most stable month, with a tight range of 0.0342 MDL (High: 1.1302 / Low: 1.0960).
Growth Streaks & Declines
TrendsBetween 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 0.0635 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2022: 1.2271) against the same month in 2021 (average: 1.2405), the exchange rate shifted by -0.0134 (-1.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.1952 | 1.1093 | 1.1564 |
| February | 1.1994 | 1.1510 | 1.1747 |
| March | 1.2651 | 1.1720 | 1.2270 |
| April | 1.2677 | 1.1525 | 1.2271 |
| May | 1.2290 | 1.1436 | 1.1889 |
| June | 1.2424 | 1.1719 | 1.2080 |
| July | 1.1714 | 1.1252 | 1.1445 |
| August | 1.1875 | 1.1255 | 1.1524 |
| September | 1.1276 | 1.0751 | 1.1024 |
| October | 1.1013 | 1.0493 | 1.0688 |
| November | 1.1383 | 1.0457 | 1.1019 |
| December | 1.1302 | 1.0960 | 1.1178 |