2015 BTN to ZAR Historical Review

YEARLY HIGH

0.2377 ZAR

YEARLY LOW

0.1831 ZAR

YEARLY AVERAGE

0.1989 ZAR

2015 BTN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BTN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.2377. Conversely, the yearly low was recorded on February 5, dropping to 0.1831.

This high-to-low spread represents a total annual volatility of 0.0545 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1858 to the December average rate of 0.2262, the exchange rate registered a net change of 21.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.2377 was up 27.58% compared to the 2014 peak of 0.1863, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BTN based on timing:

Yearly Peak High 1,188 ZAR

2014 Average 889 ZAR

Yearly Trough Low 916 ZAR

Transaction Impact: A difference of 272.71 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.2302

0.1818

JanuMarcMayJulySeptNove

BTN to ZAR 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 0.1897, compared to 0.2080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0183 points.

H1 Avg (Jan–Jun) 0.1897

H2 Avg (Jul–Dec) 0.2080

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0224 ZAR (High: 0.2377 / Low: 0.2152). On the other end, August was the most stable month, with a tight range of 0.0043 ZAR (High: 0.2011 / Low: 0.1968).

December Spread (Volatile) ±0.0224

August Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0035 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.2262) against the same month in 2014 (average: 0.1832), the exchange rate shifted by +0.0430 (+23.47%).

2015 Avg (December) 0.2262

2014 Avg (December) 0.1832

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1884	0.1838	0.1858
February	0.1893	0.1831	0.1868
March	0.1981	0.1888	0.1934
April	0.1951	0.1869	0.1914
May	0.1905	0.1855	0.1879
June	0.1976	0.1906	0.1929
July	0.1980	0.1925	0.1958
August	0.2011	0.1968	0.1983
September	0.2124	0.2004	0.2062
October	0.2124	0.2019	0.2076
November	0.2186	0.2098	0.2142
December	0.2377	0.2152	0.2262