2015 ZAR to BIF Historical Review

YEARLY HIGH

139.0738 BIF

YEARLY LOW

97.2135 BIF

YEARLY AVERAGE

123.5444 BIF

2015 ZAR to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ZAR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 139.0738. Conversely, the yearly low was recorded on December 11, dropping to 97.2135.

This high-to-low spread represents a total annual volatility of 41.8603 BIF. From a start-to-finish perspective, comparing the January average rate of 135.5480 to the December average rate of 103.3949, the exchange rate registered a net change of -23.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 139.0738 was down 7.52% compared to the 2014 peak of 150.3774, 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 6,953,690 BIF

2014 Average 7,162,206 BIF

Yearly Trough Low 4,860,675 BIF

Transaction Impact: A difference of 2,093,014.73 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

138.7633

100.1796

JanuMarcMayJulySeptNove

ZAR to BIF 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 131.6216, compared to 115.4672 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 16.1544 points.

H1 Avg (Jan–Jun) 131.6216

H2 Avg (Jul–Dec) 115.4672

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 11.9105 BIF (High: 109.1240 / Low: 97.2135). On the other end, January was the most stable month, with a tight range of 3.8183 BIF (High: 137.6915 / Low: 133.8732).

December Spread (Volatile) ±11.9105

January Spread (Stable) ±3.8183

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 July and August, when the average rate fell by 8.7471 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -8.7471

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 135.3520) against the same month in 2014 (average: 141.4283), the exchange rate shifted by -6.0763 (-4.30%).

2015 Avg (February) 135.3520

2014 Avg (February) 141.4283

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	137.6915	133.8732	135.5480
February	139.0738	132.9614	135.3520
March	134.2449	126.1620	129.9629
April	133.0373	127.6265	130.5592
May	133.6103	128.2589	131.0657
June	130.6054	123.9882	127.2416
July	132.6108	122.6851	129.3318
August	123.5084	116.3340	120.5847
September	117.1920	110.5233	113.9709
October	119.7125	111.5016	115.4717
November	113.5242	107.3924	110.0489
December	109.1240	97.2135	103.3949