YEARLY HIGH
1.0279 SZL
YEARLY LOW
0.9650 SZL
YEARLY AVERAGE
0.9995 SZL

2022 ZAR to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 1.0279. Conversely, the yearly low was recorded on December 1, dropping to 0.9650.

This high-to-low spread represents a total annual volatility of 0.0629 SZL. From a start-to-finish perspective, comparing the January average rate of 0.9984 to the December average rate of 0.9984, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.0279 was up 0.02% compared to the 2021 peak of 1.0277, 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 51,396 SZL
2021 Average 49,955 SZL
Yearly Trough Low 48,249 SZL
Transaction Impact: A difference of 3,146.69 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.0036
0.9965
JanuMarcMayJulySeptNove

ZAR to SZL 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 0.9994, compared to 0.9995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.9994
H2 Avg (Jul–Dec) 0.9995

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 0.0490 SZL (High: 1.0140 / Low: 0.9650). On the other end, October was the most stable month, with a tight range of 0.0211 SZL (High: 1.0128 / Low: 0.9917).

December Spread (Volatile) ±0.0490
October Spread (Stable) ±0.0211

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 March and April, when the average rate fell by 0.0049 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 1.0030) against the same month in 2021 (average: 1.0000), the exchange rate shifted by +0.0030 (+0.30%).

2022 Avg (March) 1.0030
2021 Avg (March) 1.0000

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0116 0.9794 0.9984
February 1.0064 0.9849 0.9994
March 1.0279 0.9962 1.0030
April 1.0079 0.9866 0.9981
May 1.0225 0.9837 1.0003
June 1.0171 0.9706 0.9975
July 1.0161 0.9765 0.9985
August 1.0177 0.9871 1.0000
September 1.0129 0.9753 0.9971
October 1.0128 0.9917 1.0004
November 1.0180 0.9874 1.0025
December 1.0140 0.9650 0.9984