YEARLY HIGH
4.4046 MZN
YEARLY LOW
3.4698 MZN
YEARLY AVERAGE
3.9190 MZN

2022 ZAR to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 4.4046. Conversely, the yearly low was recorded on November 3, dropping to 3.4698.

This high-to-low spread represents a total annual volatility of 0.9348 MZN. From a start-to-finish perspective, comparing the January average rate of 4.1197 to the December average rate of 3.6953, the exchange rate registered a net change of -10.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 4.4046 was down 15.34% compared to the 2021 peak of 5.2027, 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 220,230 MZN
2021 Average 221,677 MZN
Yearly Trough Low 173,489 MZN
Transaction Impact: A difference of 46,741.50 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

4.3427
3.4519
JanuMarcMayJulySeptNove

ZAR to MZN 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 4.1480, compared to 3.6901 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4579 points.

H1 Avg (Jan–Jun) 4.1480
H2 Avg (Jul–Dec) 3.6901

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.4024 MZN (High: 4.3947 / Low: 3.9923). On the other end, February was the most stable month, with a tight range of 0.1367 MZN (High: 4.2544 / Low: 4.1177).

April Spread (Volatile) ±0.4024
February Spread (Stable) ±0.1367

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 0.2396 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2396

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 4.2685) against the same month in 2021 (average: 4.8538), the exchange rate shifted by -0.5853 (-12.06%).

2022 Avg (March) 4.2685
2021 Avg (March) 4.8538

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.2297 3.9825 4.1197
February 4.2544 4.1177 4.1909
March 4.4046 4.1301 4.2685
April 4.3947 3.9923 4.2534
May 4.1244 3.9195 4.0176
June 4.1767 3.9186 4.0378
July 3.9106 3.7232 3.7982
August 3.9523 3.7285 3.8225
September 3.7333 3.5321 3.6352
October 3.6219 3.4717 3.5261
November 3.7599 3.4698 3.6632
December 3.7731 3.6154 3.6953