2015 ZAR to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
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.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |