YEARLY HIGH
5.4627 INR
YEARLY LOW
4.2176 INR
YEARLY AVERAGE
5.0468 INR

2015 ZAR to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ZAR to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 5.4627. Conversely, the yearly low was recorded on December 11, dropping to 4.2176.

This high-to-low spread represents a total annual volatility of 1.2451 INR. From a start-to-finish perspective, comparing the January average rate of 5.3776 to the December average rate of 4.4229, the exchange rate registered a net change of -17.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 5.4627 was down 7.22% compared to the 2014 peak of 5.8880, 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 273,135 INR
2014 Average 281,341 INR
Yearly Trough Low 210,881 INR
Transaction Impact: A difference of 62,254.60 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

5.4731
4.3274
JanuMarcMayJulySeptNove

ZAR to INR 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 5.2736, compared to 4.8199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4537 points.

H1 Avg (Jan–Jun) 5.2736
H2 Avg (Jul–Dec) 4.8199

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.4245 INR (High: 4.6421 / Low: 4.2176). On the other end, August was the most stable month, with a tight range of 0.1227 INR (High: 5.0953 / Low: 4.9727).

December Spread (Volatile) ±0.4245
August Spread (Stable) ±0.1227

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 0.2503 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2503

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 5.3528) against the same month in 2014 (average: 5.6670), the exchange rate shifted by -0.3142 (-5.55%).

2015 Avg (February) 5.3528
2014 Avg (February) 5.6670

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.4443 5.3045 5.3776
February 5.4627 5.2901 5.3528
March 5.2901 5.0531 5.1756
April 5.3599 5.1519 5.2257
May 5.3878 5.2462 5.3243
June 5.2417 5.0766 5.1859
July 5.1915 5.0515 5.1083
August 5.0953 4.9727 5.0460
September 4.9788 4.7204 4.8511
October 4.9472 4.7144 4.8179
November 4.7626 4.5911 4.6732
December 4.6421 4.2176 4.4229