YEARLY HIGH
1.0113 ZAR
YEARLY LOW
0.9859 ZAR
YEARLY AVERAGE
1.0000 ZAR

2015 SZL to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the SZL to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 1.0113. Conversely, the yearly low was recorded on December 14, dropping to 0.9859.

This high-to-low spread represents a total annual volatility of 0.0254 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.9996 to the December average rate of 1.0005, the exchange rate registered a net change of 0.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.0113 was up 0.02% compared to the 2014 peak of 1.0111, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,057 ZAR
2014 Average 4,999 ZAR
Yearly Trough Low 4,929 ZAR
Transaction Impact: A difference of 127.15 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.0006
0.9995
JanuMarcMayJulySeptNove

SZL 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 0.9998, compared to 1.0002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.9998
H2 Avg (Jul–Dec) 1.0002

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0254 ZAR (High: 1.0113 / Low: 0.9859). On the other end, May was the most stable month, with a tight range of 0.0030 ZAR (High: 1.0013 / Low: 0.9983).

December Spread (Volatile) ±0.0254
May Spread (Stable) ±0.0030

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 September and October, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 1.0005) against the same month in 2014 (average: 0.9995), the exchange rate shifted by +0.0010 (+0.10%).

2015 Avg (December) 1.0005
2014 Avg (December) 0.9995

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0019 0.9938 0.9996
February 1.0016 0.9966 0.9998
March 1.0023 0.9958 0.9998
April 1.0004 0.9948 0.9996
May 1.0013 0.9983 0.9999
June 1.0040 0.9976 1.0001
July 1.0024 0.9985 1.0001
August 1.0032 0.9984 1.0003
September 1.0062 0.9986 1.0004
October 1.0018 0.9960 0.9999
November 1.0030 0.9980 1.0001
December 1.0113 0.9859 1.0005