YEARLY HIGH
1.1242 TRY
YEARLY LOW
0.8226 TRY
YEARLY AVERAGE
1.0093 TRY

2022 ZAR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 1.1242. Conversely, the yearly low was recorded on January 3, dropping to 0.8226.

This high-to-low spread represents a total annual volatility of 0.3016 TRY. From a start-to-finish perspective, comparing the January average rate of 0.8731 to the December average rate of 1.0790, the exchange rate registered a net change of 23.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.1242 was up 7.41% compared to the 2021 peak of 1.0467, 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 56,210 TRY
2021 Average 29,975 TRY
Yearly Trough Low 41,131 TRY
Transaction Impact: A difference of 15,078.72 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.0996
0.8525
JanuMarcMayJulySeptNove

ZAR to TRY 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 0.9636, compared to 1.0549 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0913 points.

H1 Avg (Jan–Jun) 0.9636
H2 Avg (Jul–Dec) 1.0549

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.1341 TRY (High: 1.0579 / Low: 0.9238). On the other end, February was the most stable month, with a tight range of 0.0392 TRY (High: 0.9156 / Low: 0.8764).

May Spread (Volatile) ±0.1341
February Spread (Stable) ±0.0392

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 August and September, when the average rate fell by 0.0372 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0372

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2022: 1.0723) against the same month in 2021 (average: 0.6205), the exchange rate shifted by +0.4518 (+72.82%).

2022 Avg (June) 1.0723
2021 Avg (June) 0.6205

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8907 0.8226 0.8731
February 0.9156 0.8764 0.8958
March 1.0215 0.9023 0.9776
April 1.0074 0.9254 0.9800
May 1.0579 0.9238 0.9828
June 1.1242 1.0233 1.0723
July 1.0852 1.0153 1.0378
August 1.1094 1.0618 1.0788
September 1.0650 1.0206 1.0416
October 1.0532 1.0107 1.0256
November 1.0966 1.0115 1.0668
December 1.1050 1.0546 1.0790