2015 GHS to ZAR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 GHS to ZAR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the GHS to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 4.1612. Conversely, the yearly low was recorded on June 25, dropping to 2.7501.
This high-to-low spread represents a total annual volatility of 1.4110 ZAR. From a start-to-finish perspective, comparing the January average rate of 3.5467 to the December average rate of 3.9557, the exchange rate registered a net change of 11.53% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 4.1612 was down 11.14% compared to the 2014 peak of 4.6826, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GHS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
GHS to ZAR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.2132, compared to 3.5686 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3553 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was July, with a trading range of 0.9933 ZAR (High: 3.8003 / Low: 2.8070). On the other end, April was the most stable month, with a tight range of 0.1104 ZAR (High: 3.1794 / Low: 3.0690).
Growth Streaks & Declines
TrendsBetween August and December, 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 July and August, when the average rate fell by 0.2573 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2015: 3.9557) against the same month in 2014 (average: 3.5884), the exchange rate shifted by +0.3673 (+10.24%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.6495 | 3.4391 | 3.5467 |
| February | 3.4769 | 3.2879 | 3.3857 |
| March | 3.4770 | 3.1507 | 3.3196 |
| April | 3.1794 | 3.0690 | 3.1286 |
| May | 3.1292 | 2.9456 | 3.0293 |
| June | 3.0628 | 2.7501 | 2.8695 |
| July | 3.8003 | 2.8070 | 3.4642 |
| August | 3.3723 | 3.0350 | 3.2069 |
| September | 3.6951 | 3.3394 | 3.5216 |
| October | 3.6880 | 3.3937 | 3.5547 |
| November | 3.7922 | 3.5627 | 3.7085 |
| December | 4.1612 | 3.7940 | 3.9557 |