2015 MAD to ZAR Historical Review

YEARLY HIGH

1.6153 ZAR

YEARLY LOW

1.1835 ZAR

YEARLY AVERAGE

1.3091 ZAR

2015 MAD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MAD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 1.6153. Conversely, the yearly low was recorded on January 25, dropping to 1.1835.

This high-to-low spread represents a total annual volatility of 0.4318 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.2350 to the December average rate of 1.5216, the exchange rate registered a net change of 23.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.6153 was up 17.79% compared to the 2014 peak of 1.3714, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,077 ZAR

2014 Average 6,447 ZAR

Yearly Trough Low 5,918 ZAR

Transaction Impact: A difference of 2,159.03 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.5528

1.1778

JanuMarcMayJulySeptNove

MAD 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 1.2298, compared to 1.3883 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1585 points.

H1 Avg (Jan–Jun) 1.2298

H2 Avg (Jul–Dec) 1.3883

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.1851 ZAR (High: 1.6153 / Low: 1.4302). On the other end, March was the most stable month, with a tight range of 0.0292 ZAR (High: 1.2336 / Low: 1.2044).

December Spread (Volatile) ±0.1851

March Spread (Stable) ±0.0292

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0204 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0204

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 1.5216) against the same month in 2014 (average: 1.2863), the exchange rate shifted by +0.2353 (+18.29%).

2015 Avg (December) 1.5216

2014 Avg (December) 1.2863

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2822	1.1835	1.2350
February	1.2335	1.1935	1.2146
March	1.2336	1.2044	1.2202
April	1.2265	1.1914	1.2091
May	1.2449	1.2124	1.2302
June	1.2937	1.2432	1.2699
July	1.2923	1.2484	1.2691
August	1.3829	1.2834	1.3234
September	1.4464	1.3766	1.4077
October	1.4315	1.3571	1.3899
November	1.4443	1.3952	1.4183
December	1.6153	1.4302	1.5216