2015 ZAR to BGN Historical Review

YEARLY HIGH

0.1538 BGN

YEARLY LOW

0.1121 BGN

YEARLY AVERAGE

0.1389 BGN

2015 ZAR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ZAR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 0.1538. Conversely, the yearly low was recorded on December 11, dropping to 0.1121.

This high-to-low spread represents a total annual volatility of 0.0417 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1455 to the December average rate of 0.1193, the exchange rate registered a net change of -17.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1538 was up 6.61% compared to the 2014 peak of 0.1442, 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 7,688 BGN

2014 Average 6,802 BGN

Yearly Trough Low 5,603 BGN

Transaction Impact: A difference of 2,085.69 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1540

0.1162

JanuMarcMayJulySeptNove

ZAR to BGN 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 0.1471, compared to 0.1306 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0165 points.

H1 Avg (Jan–Jun) 0.1471

H2 Avg (Jul–Dec) 0.1306

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0162 BGN (High: 0.1283 / Low: 0.1121). On the other end, March was the most stable month, with a tight range of 0.0030 BGN (High: 0.1514 / Low: 0.1483).

December Spread (Volatile) ±0.0162

March Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0095 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2015: 0.1509) against the same month in 2014 (average: 0.1344), the exchange rate shifted by +0.0165 (+12.27%).

2015 Avg (April) 0.1509

2014 Avg (April) 0.1344

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1532	0.1389	0.1455
February	0.1512	0.1465	0.1487
March	0.1514	0.1483	0.1496
April	0.1538	0.1472	0.1509
May	0.1494	0.1440	0.1464
June	0.1460	0.1391	0.1417
July	0.1459	0.1399	0.1428
August	0.1412	0.1285	0.1362
September	0.1301	0.1240	0.1275
October	0.1317	0.1255	0.1292
November	0.1316	0.1264	0.1288
December	0.1283	0.1121	0.1193