YEARLY HIGH
2433.6355 IRR
YEARLY LOW
1887.7707 IRR
YEARLY AVERAGE
2277.2112 IRR

2015 ZAR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ZAR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 2433.6355. Conversely, the yearly low was recorded on December 11, dropping to 1887.7707.

This high-to-low spread represents a total annual volatility of 545.8648 IRR. From a start-to-finish perspective, comparing the January average rate of 2357.7774 to the December average rate of 1994.2453, the exchange rate registered a net change of -15.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 2433.6355 was down 2.61% compared to the 2014 peak of 2498.8468, 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 121,681,775 IRR
2014 Average 119,170,334 IRR
Yearly Trough Low 94,388,533 IRR
Transaction Impact: A difference of 27,293,241.90 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2418.1561
1955.7079
JanuMarcMayJulySeptNove

ZAR to IRR 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 2354.1371, compared to 2200.2853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 153.8518 points.

H1 Avg (Jan–Jun) 2354.1371
H2 Avg (Jul–Dec) 2200.2853

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 200.5697 IRR (High: 2088.3404 / Low: 1887.7707). On the other end, July was the most stable month, with a tight range of 59.9414 IRR (High: 2394.8468 / Low: 2334.9054).

December Spread (Volatile) ±200.5697
July Spread (Stable) ±59.9414

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 122.7989 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -122.7989

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 2379.6188) against the same month in 2014 (average: 2265.2073), the exchange rate shifted by +114.4115 (+5.05%).

2015 Avg (February) 2379.6188
2014 Avg (February) 2265.2073

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2392.2510 2315.6523 2357.7774
February 2433.6355 2337.8974 2379.6188
March 2376.6890 2231.5882 2306.9379
April 2388.0371 2310.2513 2346.5225
May 2405.8745 2343.1799 2372.2915
June 2407.8255 2298.2445 2361.6748
July 2394.8468 2334.9054 2367.9440
August 2352.3578 2250.7590 2308.6324
September 2250.9060 2134.8832 2193.5138
October 2289.8774 2153.1774 2220.3322
November 2176.4948 2078.3911 2117.0441
December 2088.3404 1887.7707 1994.2453