2015 CDF to ZAR Historical Review

YEARLY HIGH

0.0171 ZAR

YEARLY LOW

0.0122 ZAR

YEARLY AVERAGE

0.0138 ZAR

2015 CDF to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the CDF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.0171. Conversely, the yearly low was recorded on February 5, dropping to 0.0122.

This high-to-low spread represents a total annual volatility of 0.0049 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0125 to the December average rate of 0.0162, the exchange rate registered a net change of 30.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0171 was up 35.62% compared to the 2014 peak of 0.0126, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 86 ZAR

2014 Average 59 ZAR

Yearly Trough Low 61 ZAR

Transaction Impact: A difference of 24.56 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0166

0.0121

JanuMarcMayJulySeptNove

CDF 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 0.0129, compared to 0.0147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0129

H2 Avg (Jul–Dec) 0.0147

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0017 ZAR (High: 0.0171 / Low: 0.0155). On the other end, January was the most stable month, with a tight range of 0.0004 ZAR (High: 0.0127 / Low: 0.0123).

December Spread (Volatile) ±0.0017

January Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.0162) against the same month in 2014 (average: 0.0124), the exchange rate shifted by +0.0038 (+30.83%).

2015 Avg (December) 0.0162

2014 Avg (December) 0.0124

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0127	0.0123	0.0125
February	0.0127	0.0122	0.0125
March	0.0134	0.0127	0.0130
April	0.0131	0.0127	0.0129
May	0.0132	0.0127	0.0129
June	0.0136	0.0131	0.0133
July	0.0138	0.0132	0.0134
August	0.0144	0.0136	0.0139
September	0.0151	0.0143	0.0147
October	0.0150	0.0141	0.0146
November	0.0156	0.0149	0.0153
December	0.0171	0.0155	0.0162