YEARLY HIGH
0.6859 HKD
YEARLY LOW
0.4878 HKD
YEARLY AVERAGE
0.6113 HKD

2015 ZAR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ZAR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.6859. Conversely, the yearly low was recorded on December 11, dropping to 0.4878.

This high-to-low spread represents a total annual volatility of 0.1981 HKD. From a start-to-finish perspective, comparing the January average rate of 0.6706 to the December average rate of 0.5154, the exchange rate registered a net change of -23.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.6859 was down 8.79% compared to the 2014 peak of 0.7520, 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 34,294 HKD
2014 Average 35,779 HKD
Yearly Trough Low 24,389 HKD
Transaction Impact: A difference of 9,904.57 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.6861
0.4999
JanuMarcMayJulySeptNove

ZAR to HKD 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 0.6511, compared to 0.5715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0797 points.

H1 Avg (Jan–Jun) 0.6511
H2 Avg (Jul–Dec) 0.5715

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0518 HKD (High: 0.5396 / Low: 0.4878). On the other end, January was the most stable month, with a tight range of 0.0177 HKD (High: 0.6795 / Low: 0.6618).

December Spread (Volatile) ±0.0518
January Spread (Stable) ±0.0177

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 August and September, when the average rate fell by 0.0336 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0336

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 0.6692) against the same month in 2014 (average: 0.7074), the exchange rate shifted by -0.0382 (-5.40%).

2015 Avg (February) 0.6692
2014 Avg (February) 0.7074

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6795 0.6618 0.6706
February 0.6859 0.6581 0.6692
March 0.6650 0.6225 0.6425
April 0.6581 0.6351 0.6464
May 0.6581 0.6377 0.6479
June 0.6398 0.6152 0.6301
July 0.6334 0.6116 0.6226
August 0.6136 0.5826 0.6012
September 0.5821 0.5521 0.5677
October 0.5922 0.5568 0.5742
November 0.5630 0.5372 0.5477
December 0.5396 0.4878 0.5154