YEARLY HIGH
173.2868 SYP
YEARLY LOW
136.4839 SYP
YEARLY AVERAGE
154.1764 SYP

2022 ZAR to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 173.2868. Conversely, the yearly low was recorded on November 3, dropping to 136.4839.

This high-to-low spread represents a total annual volatility of 36.8029 SYP. From a start-to-finish perspective, comparing the January average rate of 162.0998 to the December average rate of 145.3368, the exchange rate registered a net change of -10.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 173.2868 was up 7.18% compared to the 2021 peak of 161.6754, 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 8,664,340 SYP
2021 Average 4,170,198 SYP
Yearly Trough Low 6,824,195 SYP
Transaction Impact: A difference of 1,840,144.43 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

170.8699
135.7588
JanuMarcMayJulySeptNove

ZAR to SYP 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 163.2016, compared to 145.1512 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 18.0504 points.

H1 Avg (Jan–Jun) 163.2016
H2 Avg (Jul–Dec) 145.1512

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 15.8337 SYP (High: 172.9295 / Low: 157.0959). On the other end, February was the most stable month, with a tight range of 5.3863 SYP (High: 167.3975 / Low: 162.0112).

April Spread (Volatile) ±15.8337
February Spread (Stable) ±5.3863

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 9.3543 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -9.3543

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 167.9440) against the same month in 2021 (average: 48.6949), the exchange rate shifted by +119.2491 (+244.89%).

2022 Avg (March) 167.9440
2021 Avg (March) 48.6949

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 166.4268 156.6585 162.0998
February 167.3975 162.0112 164.9036
March 173.2868 162.4887 167.9440
April 172.9295 157.0959 167.3597
May 162.2935 154.5938 158.0971
June 164.2915 154.1943 158.8052
July 153.8779 146.5550 149.4509
August 155.4048 146.6030 150.3666
September 146.7934 138.8826 142.9592
October 142.4103 136.5045 138.6847
November 147.9534 136.4839 144.1090
December 148.3570 142.1565 145.3368