YEARLY HIGH
0.1236 ZAR
YEARLY LOW
0.0845 ZAR
YEARLY AVERAGE
0.0970 ZAR

2015 ISK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ISK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.1236. Conversely, the yearly low was recorded on January 24, dropping to 0.0845.

This high-to-low spread represents a total annual volatility of 0.0391 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0880 to the December average rate of 0.1162, the exchange rate registered a net change of 32.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1236 was up 26.28% compared to the 2014 peak of 0.0979, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 618 ZAR
2014 Average 465 ZAR
Yearly Trough Low 422 ZAR
Transaction Impact: A difference of 195.49 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1190
0.0849
JanuMarcMayJulySeptNove

ISK 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 0.0893, compared to 0.1047 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) 0.0893
H2 Avg (Jul–Dec) 0.1047

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0149 ZAR (High: 0.1236 / Low: 0.1086). On the other end, March was the most stable month, with a tight range of 0.0020 ZAR (High: 0.0892 / Low: 0.0871).

December Spread (Volatile) ±0.0149
March Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between July and December, 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 January and February, when the average rate fell by 0.0002 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.1162) against the same month in 2014 (average: 0.0918), the exchange rate shifted by +0.0244 (+26.56%).

2015 Avg (December) 0.1162
2014 Avg (December) 0.0918

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0916 0.0845 0.0880
February 0.0891 0.0862 0.0878
March 0.0892 0.0871 0.0882
April 0.0903 0.0866 0.0881
May 0.0919 0.0888 0.0904
June 0.0947 0.0908 0.0931
July 0.0945 0.0910 0.0929
August 0.1028 0.0942 0.0979
September 0.1099 0.1041 0.1067
October 0.1093 0.1049 0.1067
November 0.1099 0.1057 0.1079
December 0.1236 0.1086 0.1162