YEARLY HIGH
0.8960 TJS
YEARLY LOW
0.5434 TJS
YEARLY AVERAGE
0.6768 TJS

2022 ZAR to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 0.8960. Conversely, the yearly low was recorded on October 1, dropping to 0.5434.

This high-to-low spread represents a total annual volatility of 0.3526 TJS. From a start-to-finish perspective, comparing the January average rate of 0.7287 to the December average rate of 0.5868, the exchange rate registered a net change of -19.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.8960 was up 5.47% compared to the 2021 peak of 0.8495, 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 44,800 TJS
2021 Average 38,483 TJS
Yearly Trough Low 27,168 TJS
Transaction Impact: A difference of 17,631.92 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.8632
0.5281
JanuMarcMayJulySeptNove

ZAR to TJS 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 0.7684, compared to 0.5851 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1834 points.

H1 Avg (Jan–Jun) 0.7684
H2 Avg (Jul–Dec) 0.5851

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.2007 TJS (High: 0.7981 / Low: 0.5974). On the other end, October was the most stable month, with a tight range of 0.0219 TJS (High: 0.5653 / Low: 0.5434).

June Spread (Volatile) ±0.2007
October Spread (Stable) ±0.0219

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0977 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0977

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.8334) against the same month in 2021 (average: 0.7605), the exchange rate shifted by +0.0729 (+9.58%).

2022 Avg (March) 0.8334
2021 Avg (March) 0.7605

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7485 0.7040 0.7287
February 0.7526 0.7283 0.7411
March 0.8960 0.7327 0.8334
April 0.8897 0.7781 0.8353
May 0.8069 0.7678 0.7850
June 0.7981 0.5974 0.6873
July 0.6321 0.5754 0.6066
August 0.6315 0.5937 0.6114
September 0.5917 0.5434 0.5730
October 0.5653 0.5434 0.5560
November 0.5919 0.5449 0.5768
December 0.6017 0.5687 0.5868