YEARLY HIGH
1.7913 ETB
YEARLY LOW
1.3290 ETB
YEARLY AVERAGE
1.6294 ETB

2015 ZAR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ZAR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 1.7913. Conversely, the yearly low was recorded on December 11, dropping to 1.3290.

This high-to-low spread represents a total annual volatility of 0.4623 ETB. From a start-to-finish perspective, comparing the January average rate of 1.7514 to the December average rate of 1.4037, the exchange rate registered a net change of -19.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.7913 was down 5.42% compared to the 2014 peak of 1.8940, 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 89,564 ETB
2014 Average 90,740 ETB
Yearly Trough Low 66,449 ETB
Transaction Impact: A difference of 23,114.67 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.7881
1.3687
JanuMarcMayJulySeptNove

ZAR to ETB 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 1.7158, compared to 1.5429 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1730 points.

H1 Avg (Jan–Jun) 1.7158
H2 Avg (Jul–Dec) 1.5429

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.1387 ETB (High: 1.4677 / Low: 1.3290). On the other end, May was the most stable month, with a tight range of 0.0538 ETB (High: 1.7454 / Low: 1.6916).

December Spread (Volatile) ±0.1387
May Spread (Stable) ±0.0538

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 0.0846 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0846

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 1.7532) against the same month in 2014 (average: 1.7548), the exchange rate shifted by -0.0016 (-0.09%).

2015 Avg (February) 1.7532
2014 Avg (February) 1.7548

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7815 1.7266 1.7514
February 1.7913 1.7211 1.7532
March 1.7461 1.6359 1.6887
April 1.7340 1.6787 1.7058
May 1.7454 1.6916 1.7176
June 1.7059 1.6370 1.6784
July 1.6932 1.6383 1.6661
August 1.6510 1.5662 1.6145
September 1.5701 1.4900 1.5305
October 1.5966 1.5028 1.5543
November 1.5265 1.4596 1.4882
December 1.4677 1.3290 1.4037