2015 HNL to ZAR Historical Review

YEARLY HIGH

0.7263 ZAR

YEARLY LOW

0.5358 ZAR

YEARLY AVERAGE

0.5882 ZAR

2015 HNL to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the HNL to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.7263. Conversely, the yearly low was recorded on February 5, dropping to 0.5358.

This high-to-low spread represents a total annual volatility of 0.1905 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.5490 to the December average rate of 0.6879, the exchange rate registered a net change of 25.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.7263 was up 28.20% compared to the 2014 peak of 0.5666, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,632 ZAR

2014 Average 2,659 ZAR

Yearly Trough Low 2,679 ZAR

Transaction Impact: A difference of 952.68 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.7021

0.5313

JanuMarcMayJulySeptNove

HNL 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 0.5546, compared to 0.6218 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0672 points.

H1 Avg (Jan–Jun) 0.5546

H2 Avg (Jul–Dec) 0.6218

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0719 ZAR (High: 0.7263 / Low: 0.6545). On the other end, July was the most stable month, with a tight range of 0.0186 ZAR (High: 0.5790 / Low: 0.5604).

December Spread (Volatile) ±0.0719

July Spread (Stable) ±0.0186

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 April and May, when the average rate fell by 0.0112 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.6879) against the same month in 2014 (average: 0.5451), the exchange rate shifted by +0.1428 (+26.19%).

2015 Avg (December) 0.6879

2014 Avg (December) 0.5451

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5576	0.5381	0.5490
February	0.5574	0.5358	0.5482
March	0.5806	0.5502	0.5645
April	0.5674	0.5387	0.5567
May	0.5555	0.5366	0.5455
June	0.5754	0.5558	0.5637
July	0.5790	0.5604	0.5703
August	0.6083	0.5765	0.5887
September	0.6413	0.6079	0.6245
October	0.6362	0.5946	0.6148
November	0.6587	0.6260	0.6444
December	0.7263	0.6545	0.6879