YEARLY HIGH
3.9072 PHP
YEARLY LOW
2.9762 PHP
YEARLY AVERAGE
3.5826 PHP

2015 ZAR to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ZAR to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 3.9072. Conversely, the yearly low was recorded on December 11, dropping to 2.9762.

This high-to-low spread represents a total annual volatility of 0.9310 PHP. From a start-to-finish perspective, comparing the January average rate of 3.8558 to the December average rate of 3.1384, the exchange rate registered a net change of -18.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 3.9072 was down 9.03% compared to the 2014 peak of 4.2951, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 195,361 PHP
2014 Average 204,811 PHP
Yearly Trough Low 148,812 PHP
Transaction Impact: A difference of 46,548.69 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

3.9276
3.0666
JanuMarcMayJulySeptNove

ZAR to PHP 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 3.7411, compared to 3.4241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3170 points.

H1 Avg (Jan–Jun) 3.7411
H2 Avg (Jul–Dec) 3.4241

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.3067 PHP (High: 3.2829 / Low: 2.9762). On the other end, July was the most stable month, with a tight range of 0.0852 PHP (High: 3.6880 / Low: 3.6029).

December Spread (Volatile) ±0.3067
July Spread (Stable) ±0.0852

Growth Streaks & Declines

Trends

Between March and May, 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 November and December, when the average rate fell by 0.1881 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1881

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 3.8558) against the same month in 2014 (average: 4.1444), the exchange rate shifted by -0.2886 (-6.96%).

2015 Avg (January) 3.8558
2014 Avg (January) 4.1444

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.9072 3.7940 3.8558
February 3.9035 3.7699 3.8152
March 3.7822 3.5537 3.6855
April 3.7619 3.6234 3.7010
May 3.7727 3.6651 3.7272
June 3.7208 3.5746 3.6615
July 3.6880 3.6029 3.6366
August 3.6233 3.5146 3.5855
September 3.5039 3.3353 3.4240
October 3.5174 3.3604 3.4335
November 3.4048 3.2666 3.3265
December 3.2829 2.9762 3.1384