2015 ZAR to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 ZAR to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the ZAR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on April 11, valuing the pair at 8.6086. Conversely, the yearly low was recorded on December 11, dropping to 6.3129.
This high-to-low spread represents a total annual volatility of 2.2957 CVE. From a start-to-finish perspective, comparing the January average rate of 8.1861 to the December average rate of 6.7247, the exchange rate registered a net change of -17.85% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2015 high of 8.6086 was up 6.76% compared to the 2014 peak of 8.0634, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
ZAR to CVE 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 8.2821, compared to 7.3650 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9171 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was December, with a trading range of 0.9165 CVE (High: 7.2294 / Low: 6.3129). On the other end, March was the most stable month, with a tight range of 0.2067 CVE (High: 8.5528 / Low: 8.3461).
Growth Streaks & Declines
TrendsBetween 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 0.5396 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2015: 8.4923) against the same month in 2014 (average: 7.5402), the exchange rate shifted by +0.9521 (+12.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.5954 | 7.8009 | 8.1861 |
| February | 8.4955 | 8.2247 | 8.3696 |
| March | 8.5528 | 8.3461 | 8.4149 |
| April | 8.6086 | 8.3304 | 8.4923 |
| May | 8.4328 | 8.0638 | 8.2382 |
| June | 8.2154 | 7.8176 | 7.9915 |
| July | 8.2376 | 7.8699 | 8.0509 |
| August | 7.9586 | 7.2133 | 7.6795 |
| September | 7.3350 | 6.9908 | 7.1872 |
| October | 7.4244 | 7.0787 | 7.2834 |
| November | 7.4188 | 7.1212 | 7.2643 |
| December | 7.2294 | 6.3129 | 6.7247 |