YEARLY HIGH
270.0515 MGA
YEARLY LOW
200.2051 MGA
YEARLY AVERAGE
243.7186 MGA

2015 ZAR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ZAR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 270.0515. Conversely, the yearly low was recorded on December 11, dropping to 200.2051.

This high-to-low spread represents a total annual volatility of 69.8464 MGA. From a start-to-finish perspective, comparing the January average rate of 230.4344 to the December average rate of 213.3267, the exchange rate registered a net change of -7.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 270.0515 was up 8.06% compared to the 2014 peak of 249.8986, 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 13,502,576 MGA
2014 Average 11,398,891 MGA
Yearly Trough Low 10,010,257 MGA
Transaction Impact: A difference of 3,492,319.59 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

268.8127
208.2825
JanuMarcMayJulySeptNove

ZAR to MGA 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 249.0818, compared to 238.3554 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.7264 points.

H1 Avg (Jan–Jun) 249.0818
H2 Avg (Jul–Dec) 238.3554

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 26.2639 MGA (High: 226.4691 / Low: 200.2051). On the other end, November was the most stable month, with a tight range of 10.7162 MGA (High: 236.9677 / Low: 226.2514).

December Spread (Volatile) ±26.2639
November Spread (Stable) ±10.7162

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 24.6069 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -24.6069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2015: 263.7686) against the same month in 2014 (average: 230.5340), the exchange rate shifted by +33.2345 (+14.42%).

2015 Avg (July) 263.7686
2014 Avg (July) 230.5340

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 243.0766 221.3182 230.4344
February 248.9834 236.8794 243.7021
March 253.7185 238.6386 245.9183
April 261.6671 250.6620 256.2382
May 267.5552 252.2469 259.7152
June 265.9651 245.0490 258.4828
July 270.0515 254.6879 263.7686
August 268.8277 247.8146 256.9311
September 245.7402 227.0643 232.3243
October 238.6889 222.3217 232.3025
November 236.9677 226.2514 231.4795
December 226.4691 200.2051 213.3267