2015 CVE to ZAR Historical Review

YEARLY HIGH

0.1584 ZAR

YEARLY LOW

0.1162 ZAR

YEARLY AVERAGE

0.1285 ZAR

2015 CVE to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the CVE to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.1584. Conversely, the yearly low was recorded on April 11, dropping to 0.1162.

This high-to-low spread represents a total annual volatility of 0.0422 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1223 to the December average rate of 0.1489, the exchange rate registered a net change of 21.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1584 was up 12.93% compared to the 2014 peak of 0.1403, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 792 ZAR

2014 Average 656 ZAR

Yearly Trough Low 581 ZAR

Transaction Impact: A difference of 211.21 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1520

0.1147

JanuMarcMayJulySeptNove

CVE 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 0.1208, compared to 0.1363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0154 points.

H1 Avg (Jan–Jun) 0.1208

H2 Avg (Jul–Dec) 0.1363

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0201 ZAR (High: 0.1584 / Low: 0.1383). On the other end, March was the most stable month, with a tight range of 0.0029 ZAR (High: 0.1198 / Low: 0.1169).

December Spread (Volatile) ±0.0201

March Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0028 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.1489) against the same month in 2014 (average: 0.1288), the exchange rate shifted by +0.0201 (+15.58%).

2015 Avg (December) 0.1489

2014 Avg (December) 0.1288

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1282	0.1163	0.1223
February	0.1216	0.1177	0.1195
March	0.1198	0.1169	0.1188
April	0.1200	0.1162	0.1178
May	0.1240	0.1186	0.1214
June	0.1279	0.1217	0.1252
July	0.1271	0.1214	0.1242
August	0.1386	0.1257	0.1303
September	0.1430	0.1363	0.1392
October	0.1413	0.1347	0.1373
November	0.1404	0.1348	0.1377
December	0.1584	0.1383	0.1489