2015 FKP to ZAR Historical Review

YEARLY HIGH

24.1670 ZAR

YEARLY LOW

17.1041 ZAR

YEARLY AVERAGE

19.5092 ZAR

2015 FKP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the FKP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 24.1670. Conversely, the yearly low was recorded on January 24, dropping to 17.1041.

This high-to-low spread represents a total annual volatility of 7.0630 ZAR. From a start-to-finish perspective, comparing the January average rate of 17.5270 to the December average rate of 22.5625, the exchange rate registered a net change of 28.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 24.1670 was up 29.60% compared to the 2014 peak of 18.6479, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 120,835 ZAR

2014 Average 89,277 ZAR

Yearly Trough Low 85,520 ZAR

Transaction Impact: A difference of 35,314.85 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

23.0661

17.0235

JanuMarcMayJulySeptNove

FKP 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 18.1605, compared to 20.8579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6974 points.

H1 Avg (Jan–Jun) 18.1605

H2 Avg (Jul–Dec) 20.8579

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 2.6791 ZAR (High: 24.1670 / Low: 21.4879). On the other end, May was the most stable month, with a tight range of 0.6549 ZAR (High: 18.8536 / Low: 18.1987).

December Spread (Volatile) ±2.6791

May Spread (Stable) ±0.6549

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.2367 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.2367

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 22.5625) against the same month in 2014 (average: 17.9705), the exchange rate shifted by +4.5921 (+25.55%).

2015 Avg (December) 22.5625

2014 Avg (December) 17.9705

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.0518	17.1041	17.5270
February	18.0349	17.3067	17.7683
March	18.5268	17.5914	18.0748
April	18.4274	17.5081	17.9279
May	18.8536	18.1987	18.4847
June	19.4889	18.6124	19.1805
July	19.8006	19.1036	19.3691
August	20.7652	19.5751	20.0923
September	21.2965	20.5034	20.9352
October	21.3396	20.2003	20.6985
November	21.9314	21.1175	21.4898
December	24.1670	21.4879	22.5625