YEARLY HIGH
3.8404 GMD
YEARLY LOW
2.4859 GMD
YEARLY AVERAGE
3.2587 GMD

2015 ZAR to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ZAR to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 3.8404. Conversely, the yearly low was recorded on December 11, dropping to 2.4859.

This high-to-low spread represents a total annual volatility of 1.3544 GMD. From a start-to-finish perspective, comparing the January average rate of 3.7150 to the December average rate of 2.6284, the exchange rate registered a net change of -29.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 3.8404 was down 3.26% compared to the 2014 peak of 3.9696, 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 192,018 GMD
2014 Average 184,060 GMD
Yearly Trough Low 124,297 GMD
Transaction Impact: A difference of 67,721.11 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

3.8304
2.5192
JanuMarcMayJulySeptNove

ZAR to GMD 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 3.6076, compared to 2.9098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6978 points.

H1 Avg (Jan–Jun) 3.6076
H2 Avg (Jul–Dec) 2.9098

Volatility Range Comparison

Volatility

The most volatile month in 2015 was June, with a trading range of 0.3081 GMD (High: 3.5427 / Low: 3.2346). On the other end, May was the most stable month, with a tight range of 0.1151 GMD (High: 3.6585 / Low: 3.5434).

June Spread (Volatile) ±0.3081
May Spread (Stable) ±0.1151

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 June and July, when the average rate fell by 0.2767 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2767

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 3.7211) against the same month in 2014 (average: 3.4788), the exchange rate shifted by +0.2423 (+6.97%).

2015 Avg (February) 3.7211
2014 Avg (February) 3.4788

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.7781 3.6526 3.7150
February 3.8404 3.6569 3.7211
March 3.6961 3.4516 3.5639
April 3.6586 3.5221 3.5886
May 3.6585 3.5434 3.5961
June 3.5427 3.2346 3.4612
July 3.2384 3.1209 3.1845
August 3.1489 2.9993 3.0821
September 2.9798 2.7765 2.8851
October 3.0231 2.8039 2.9021
November 2.8369 2.7089 2.7766
December 2.7690 2.4859 2.6284