2022 ZAR to NOK Historical Review

YEARLY HIGH

0.6297 NOK

YEARLY LOW

0.5510 NOK

YEARLY AVERAGE

0.5875 NOK

2022 ZAR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 0.6297. Conversely, the yearly low was recorded on January 2, dropping to 0.5510.

This high-to-low spread represents a total annual volatility of 0.0787 NOK. From a start-to-finish perspective, comparing the January average rate of 0.5712 to the December average rate of 0.5711, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.6297 was up 1.75% compared to the 2021 peak of 0.6188, 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 31,484 NOK

2021 Average 29,098 NOK

Yearly Trough Low 27,549 NOK

Transaction Impact: A difference of 3,935.02 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.6209

0.5666

JanuMarcMayJulySeptNove

ZAR to NOK 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 0.5928, compared to 0.5823 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0105 points.

H1 Avg (Jan–Jun) 0.5928

H2 Avg (Jul–Dec) 0.5823

Volatility Range Comparison

Volatility

The most volatile month in 2022 was January, with a trading range of 0.0391 NOK (High: 0.5901 / Low: 0.5510). On the other end, August was the most stable month, with a tight range of 0.0200 NOK (High: 0.5917 / Low: 0.5717).

January Spread (Volatile) ±0.0391

August Spread (Stable) ±0.0200

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 0.0226 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2022: 0.6164) against the same month in 2021 (average: 0.6058), the exchange rate shifted by +0.0106 (+1.75%).

2022 Avg (June) 0.6164

2021 Avg (June) 0.6058

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5901	0.5510	0.5712
February	0.5946	0.5660	0.5822
March	0.6015	0.5768	0.5904
April	0.6049	0.5730	0.5928
May	0.6154	0.5857	0.6037
June	0.6297	0.6043	0.6164
July	0.6086	0.5791	0.5938
August	0.5917	0.5717	0.5823
September	0.6016	0.5721	0.5834
October	0.6017	0.5663	0.5834
November	0.5917	0.5684	0.5797
December	0.5840	0.5531	0.5711