YEARLY HIGH
1.8664 HNL
YEARLY LOW
1.3768 HNL
YEARLY AVERAGE
1.7092 HNL

2015 ZAR to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ZAR to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 1.8664. Conversely, the yearly low was recorded on December 11, dropping to 1.3768.

This high-to-low spread represents a total annual volatility of 0.4896 HNL. From a start-to-finish perspective, comparing the January average rate of 1.8218 to the December average rate of 1.4549, the exchange rate registered a net change of -20.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.8664 was down 6.30% compared to the 2014 peak of 1.9919, 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 93,322 HNL
2014 Average 94,146 HNL
Yearly Trough Low 68,841 HNL
Transaction Impact: A difference of 24,481.66 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.8712
1.4171
JanuMarcMayJulySeptNove

ZAR to HNL 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 1.8037, compared to 1.6148 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1889 points.

H1 Avg (Jan–Jun) 1.8037
H2 Avg (Jul–Dec) 1.6148

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.1512 HNL (High: 1.5280 / Low: 1.3768). On the other end, July was the most stable month, with a tight range of 0.0572 HNL (High: 1.7843 / Low: 1.7271).

December Spread (Volatile) ±0.1512
July Spread (Stable) ±0.0572

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 0.0973 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0973

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 1.8244) against the same month in 2014 (average: 1.8003), the exchange rate shifted by +0.0241 (+1.34%).

2015 Avg (February) 1.8244
2014 Avg (February) 1.8003

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8584 1.7933 1.8218
February 1.8664 1.7941 1.8244
March 1.8175 1.7223 1.7719
April 1.8564 1.7623 1.7966
May 1.8637 1.8003 1.8334
June 1.7991 1.7379 1.7741
July 1.7843 1.7271 1.7535
August 1.7347 1.6439 1.6990
September 1.6450 1.5593 1.6018
October 1.6818 1.5717 1.6271
November 1.5975 1.5182 1.5522
December 1.5280 1.3768 1.4549