YEARLY HIGH
0.7525 ZAR
YEARLY LOW
0.5583 ZAR
YEARLY AVERAGE
0.6167 ZAR

2015 ETB to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ETB to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.7525. Conversely, the yearly low was recorded on February 5, dropping to 0.5583.

This high-to-low spread represents a total annual volatility of 0.1942 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.5710 to the December average rate of 0.7129, the exchange rate registered a net change of 24.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.7525 was up 28.24% compared to the 2014 peak of 0.5867, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,762 ZAR
2014 Average 2,757 ZAR
Yearly Trough Low 2,791 ZAR
Transaction Impact: A difference of 970.96 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.7272
0.5562
JanuMarcMayJulySeptNove

ETB 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 0.5830, compared to 0.6503 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0673 points.

H1 Avg (Jan–Jun) 0.5830
H2 Avg (Jul–Dec) 0.6503

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0711 ZAR (High: 0.7525 / Low: 0.6813). On the other end, January was the most stable month, with a tight range of 0.0178 ZAR (High: 0.5792 / Low: 0.5613).

December Spread (Volatile) ±0.0711
January Spread (Stable) ±0.0178

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 0.0100 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.7129) against the same month in 2014 (average: 0.5699), the exchange rate shifted by +0.1431 (+25.11%).

2015 Avg (December) 0.7129
2014 Avg (December) 0.5699

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5792 0.5613 0.5710
February 0.5810 0.5583 0.5704
March 0.6113 0.5727 0.5924
April 0.5957 0.5767 0.5863
May 0.5912 0.5729 0.5823
June 0.6109 0.5862 0.5959
July 0.6104 0.5906 0.6003
August 0.6385 0.6057 0.6195
September 0.6711 0.6369 0.6536
October 0.6654 0.6263 0.6436
November 0.6851 0.6551 0.6721
December 0.7525 0.6813 0.7129