YEARLY HIGH
0.0519 ZAR
YEARLY LOW
0.0372 ZAR
YEARLY AVERAGE
0.0413 ZAR

2015 MRO to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MRO to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.0519. Conversely, the yearly low was recorded on June 25, dropping to 0.0372.

This high-to-low spread represents a total annual volatility of 0.0147 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0397 to the December average rate of 0.0494, the exchange rate registered a net change of 24.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0519 was up 29.24% compared to the 2014 peak of 0.0402, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 259 ZAR
2014 Average 186 ZAR
Yearly Trough Low 186 ZAR
Transaction Impact: A difference of 73.64 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0505
0.0371
JanuMarcMayJulySeptNove

MRO 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 0.0392, compared to 0.0435 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.0392
H2 Avg (Jul–Dec) 0.0435

Volatility Range Comparison

Volatility

The most volatile month in 2015 was October, with a trading range of 0.0058 ZAR (High: 0.0479 / Low: 0.0421). On the other end, January was the most stable month, with a tight range of 0.0013 ZAR (High: 0.0403 / Low: 0.0390).

October Spread (Volatile) ±0.0058
January Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0024 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.0494) against the same month in 2014 (average: 0.0395), the exchange rate shifted by +0.0099 (+24.99%).

2015 Avg (December) 0.0494
2014 Avg (December) 0.0395

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0403 0.0390 0.0397
February 0.0405 0.0388 0.0398
March 0.0428 0.0376 0.0406
April 0.0388 0.0375 0.0382
May 0.0396 0.0373 0.0382
June 0.0406 0.0372 0.0384
July 0.0390 0.0374 0.0382
August 0.0422 0.0389 0.0402
September 0.0477 0.0422 0.0439
October 0.0479 0.0421 0.0452
November 0.0457 0.0419 0.0440
December 0.0519 0.0469 0.0494