YEARLY HIGH
0.2586 PEN
YEARLY LOW
0.2149 PEN
YEARLY AVERAGE
0.2350 PEN

2022 ZAR to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 0.2586. Conversely, the yearly low was recorded on November 3, dropping to 0.2149.

This high-to-low spread represents a total annual volatility of 0.0437 PEN. From a start-to-finish perspective, comparing the January average rate of 0.2512 to the December average rate of 0.2213, the exchange rate registered a net change of -11.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2586 was down 10.91% compared to the 2021 peak of 0.2902, 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 12,928 PEN
2021 Average 13,136 PEN
Yearly Trough Low 10,743 PEN
Transaction Impact: A difference of 2,185.69 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2544
0.2162
JanuMarcMayJulySeptNove

ZAR to PEN 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 0.2453, compared to 0.2246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0207 points.

H1 Avg (Jan–Jun) 0.2453
H2 Avg (Jul–Dec) 0.2246

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0172 PEN (High: 0.2563 / Low: 0.2391). On the other end, December was the most stable month, with a tight range of 0.0080 PEN (High: 0.2252 / Low: 0.2172).

April Spread (Volatile) ±0.0172
December Spread (Stable) ±0.0080

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0127 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0127

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.2500) against the same month in 2021 (average: 0.2474), the exchange rate shifted by +0.0026 (+1.06%).

2022 Avg (March) 0.2500
2021 Avg (March) 0.2474

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2550 0.2459 0.2512
February 0.2531 0.2429 0.2489
March 0.2586 0.2425 0.2500
April 0.2563 0.2391 0.2489
May 0.2471 0.2332 0.2362
June 0.2453 0.2320 0.2367
July 0.2373 0.2258 0.2317
August 0.2397 0.2229 0.2318
September 0.2262 0.2163 0.2212
October 0.2246 0.2156 0.2194
November 0.2270 0.2149 0.2222
December 0.2252 0.2172 0.2213