YEARLY HIGH
104.6914 IQD
YEARLY LOW
68.9600 IQD
YEARLY AVERAGE
92.0227 IQD

2015 ZAR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ZAR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 104.6914. Conversely, the yearly low was recorded on December 11, dropping to 68.9600.

This high-to-low spread represents a total annual volatility of 35.7314 IQD. From a start-to-finish perspective, comparing the January average rate of 101.1816 to the December average rate of 72.9135, the exchange rate registered a net change of -27.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 104.6914 was down 8.39% compared to the 2014 peak of 114.2856, 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 5,234,571 IQD
2014 Average 5,409,766 IQD
Yearly Trough Low 3,447,999 IQD
Transaction Impact: A difference of 1,786,571.52 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

105.3856
69.9614
JanuMarcMayJulySeptNove

ZAR to IQD 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 99.2583, compared to 84.7871 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.4712 points.

H1 Avg (Jan–Jun) 99.2583
H2 Avg (Jul–Dec) 84.7871

Volatility Range Comparison

Volatility

The most volatile month in 2015 was November, with a trading range of 11.8191 IQD (High: 86.1017 / Low: 74.2826). On the other end, April was the most stable month, with a tight range of 3.2109 IQD (High: 100.4665 / Low: 97.2556).

November Spread (Volatile) ±11.8191
April Spread (Stable) ±3.2109

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 October and November, when the average rate fell by 8.7139 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -8.7139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 102.4336) against the same month in 2014 (average: 106.3248), the exchange rate shifted by -3.8912 (-3.66%).

2015 Avg (February) 102.4336
2014 Avg (February) 106.3248

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 104.1280 98.1022 101.1816
February 104.6914 100.6236 102.4336
March 102.3091 94.7306 97.8267
April 100.4665 97.2556 98.7712
May 100.8760 97.0294 99.1061
June 98.0736 93.4970 96.2307
July 97.1388 93.1093 95.0428
August 93.9896 86.1441 89.9131
September 89.2240 82.3199 85.6678
October 90.7820 82.2136 86.9497
November 86.1017 74.2826 78.2358
December 76.8643 68.9600 72.9135