YEARLY HIGH
0.1489 ZAR
YEARLY LOW
0.1145 ZAR
YEARLY AVERAGE
0.1243 ZAR

2015 NPR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NPR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.1489. Conversely, the yearly low was recorded on February 5, dropping to 0.1145.

This high-to-low spread represents a total annual volatility of 0.0344 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1159 to the December average rate of 0.1417, the exchange rate registered a net change of 22.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1489 was up 27.55% compared to the 2014 peak of 0.1167, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 745 ZAR
2014 Average 555 ZAR
Yearly Trough Low 573 ZAR
Transaction Impact: A difference of 171.84 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1443
0.1133
JanuMarcMayJulySeptNove

NPR 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 0.1185, compared to 0.1300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0115 points.

H1 Avg (Jan–Jun) 0.1185
H2 Avg (Jul–Dec) 0.1300

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0140 ZAR (High: 0.1489 / Low: 0.1349). On the other end, August was the most stable month, with a tight range of 0.0027 ZAR (High: 0.1258 / Low: 0.1231).

December Spread (Volatile) ±0.0140
August Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0025 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.1417) against the same month in 2014 (average: 0.1145), the exchange rate shifted by +0.0272 (+23.78%).

2015 Avg (December) 0.1417
2014 Avg (December) 0.1145

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1179 0.1146 0.1159
February 0.1186 0.1145 0.1167
March 0.1238 0.1178 0.1207
April 0.1215 0.1172 0.1199
May 0.1198 0.1158 0.1174
June 0.1235 0.1189 0.1205
July 0.1238 0.1200 0.1223
August 0.1258 0.1231 0.1240
September 0.1328 0.1253 0.1289
October 0.1327 0.1255 0.1294
November 0.1367 0.1310 0.1337
December 0.1489 0.1349 0.1417