2015 ZAR to ISK Historical Review

YEARLY HIGH

11.8390 ISK

YEARLY LOW

8.0929 ISK

YEARLY AVERAGE

10.4070 ISK

2015 ZAR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ZAR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 11.8390. Conversely, the yearly low was recorded on December 11, dropping to 8.0929.

This high-to-low spread represents a total annual volatility of 3.7461 ISK. From a start-to-finish perspective, comparing the January average rate of 11.3700 to the December average rate of 8.6192, the exchange rate registered a net change of -24.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 11.8390 was up 4.64% compared to the 2014 peak of 11.3142, 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 591,948 ISK

2014 Average 537,940 ISK

Yearly Trough Low 404,643 ISK

Transaction Impact: A difference of 187,304.37 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

11.6745

8.3414

JanuMarcMayJulySeptNove

ZAR to ISK 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 11.2093, compared to 9.6047 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6046 points.

H1 Avg (Jan–Jun) 11.2093

H2 Avg (Jul–Dec) 9.6047

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 1.1134 ISK (High: 9.2062 / Low: 8.0929). On the other end, March was the most stable month, with a tight range of 0.2608 ISK (High: 11.4756 / Low: 11.2148).

December Spread (Volatile) ±1.1134

March Spread (Stable) ±0.2608

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2015. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.8518 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.8518

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 11.3700) against the same month in 2014 (average: 10.6704), the exchange rate shifted by +0.6996 (+6.56%).

2015 Avg (January) 11.3700

2014 Avg (January) 10.6704

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.8390	10.9224	11.3700
February	11.5943	11.2207	11.3967
March	11.4756	11.2148	11.3358
April	11.5427	11.0780	11.3464
May	11.2569	10.8872	11.0645
June	11.0174	10.5567	10.7423
July	10.9830	10.5835	10.7599
August	10.6182	9.7266	10.2289
September	9.6030	9.0997	9.3771
October	9.5365	9.1512	9.3743
November	9.4585	9.1025	9.2688
December	9.2062	8.0929	8.6192