YEARLY HIGH
1.9996 TWD
YEARLY LOW
1.7166 TWD
YEARLY AVERAGE
1.8222 TWD

2022 ZAR to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 1.9996. Conversely, the yearly low was recorded on January 4, dropping to 1.7166.

This high-to-low spread represents a total annual volatility of 0.2831 TWD. From a start-to-finish perspective, comparing the January average rate of 1.7843 to the December average rate of 1.7755, the exchange rate registered a net change of -0.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.9996 was down 2.57% compared to the 2021 peak of 2.0524, 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 99,981 TWD
2021 Average 94,509 TWD
Yearly Trough Low 85,829 TWD
Transaction Impact: A difference of 14,152.85 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.9533
1.7461
JanuMarcMayJulySeptNove

ZAR to TWD 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 1.8632, compared to 1.7813 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0819 points.

H1 Avg (Jan–Jun) 1.8632
H2 Avg (Jul–Dec) 1.7813

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.1571 TWD (High: 1.9996 / Low: 1.8425). On the other end, September was the most stable month, with a tight range of 0.0453 TWD (High: 1.8021 / Low: 1.7568).

April Spread (Volatile) ±0.1571
September Spread (Stable) ±0.0453

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 June and July, when the average rate fell by 0.0941 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0941

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 1.9360) against the same month in 2021 (average: 1.9577), the exchange rate shifted by -0.0216 (-1.11%).

2022 Avg (April) 1.9360
2021 Avg (April) 1.9577

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8355 1.7166 1.7843
February 1.8562 1.7956 1.8294
March 1.9738 1.8200 1.8994
April 1.9996 1.8425 1.9360
May 1.8911 1.8302 1.8599
June 1.9259 1.8209 1.8701
July 1.8258 1.7438 1.7760
August 1.8529 1.7698 1.8007
September 1.8021 1.7568 1.7752
October 1.7927 1.7370 1.7634
November 1.8311 1.7467 1.7972
December 1.8123 1.7403 1.7755