2015 SGD to ZAR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 SGD to ZAR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the SGD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 11.2570. Conversely, the yearly low was recorded on February 5, dropping to 8.4045.
This high-to-low spread represents a total annual volatility of 2.8525 ZAR. From a start-to-finish perspective, comparing the January average rate of 8.6493 to the December average rate of 10.6916, the exchange rate registered a net change of 23.61% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 11.2570 was up 26.09% compared to the 2014 peak of 8.9281, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
SGD to ZAR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 8.8289, compared to 9.7267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8978 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was December, with a trading range of 1.0703 ZAR (High: 11.2570 / Low: 10.1868). On the other end, May was the most stable month, with a tight range of 0.1937 ZAR (High: 9.0674 / Low: 8.8737).
Growth Streaks & Declines
TrendsBetween February and September, 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 January and February, when the average rate fell by 0.0993 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2015: 10.6916) against the same month in 2014 (average: 8.7336), the exchange rate shifted by +1.9581 (+22.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.7983 | 8.4878 | 8.6493 |
| February | 8.6673 | 8.4045 | 8.5500 |
| March | 8.9642 | 8.5549 | 8.7703 |
| April | 9.1017 | 8.7098 | 8.8889 |
| May | 9.0674 | 8.8737 | 8.9710 |
| June | 9.2777 | 9.0283 | 9.1442 |
| July | 9.2903 | 9.0354 | 9.1509 |
| August | 9.4387 | 9.1153 | 9.2306 |
| September | 9.8293 | 9.4795 | 9.6474 |
| October | 9.8775 | 9.4571 | 9.6326 |
| November | 10.2254 | 9.8532 | 10.0071 |
| December | 11.2570 | 10.1868 | 10.6916 |