YEARLY HIGH
1.3477 MVR
YEARLY LOW
0.9643 MVR
YEARLY AVERAGE
1.2055 MVR

2015 ZAR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ZAR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 1.3477. Conversely, the yearly low was recorded on December 11, dropping to 0.9643.

This high-to-low spread represents a total annual volatility of 0.3834 MVR. From a start-to-finish perspective, comparing the January average rate of 1.3206 to the December average rate of 1.0186, the exchange rate registered a net change of -22.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.3477 was down 9.85% compared to the 2014 peak of 1.4950, 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 67,387 MVR
2014 Average 71,003 MVR
Yearly Trough Low 48,217 MVR
Transaction Impact: A difference of 19,169.22 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.3508
0.9884
JanuMarcMayJulySeptNove

ZAR to MVR 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 1.2822, compared to 1.1287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1535 points.

H1 Avg (Jan–Jun) 1.2822
H2 Avg (Jul–Dec) 1.1287

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.1042 MVR (High: 1.0685 / Low: 0.9643). On the other end, January was the most stable month, with a tight range of 0.0362 MVR (High: 1.3385 / Low: 1.3023).

December Spread (Volatile) ±0.1042
January Spread (Stable) ±0.0362

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 August and September, when the average rate fell by 0.0661 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0661

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 1.3173) against the same month in 2014 (average: 1.4047), the exchange rate shifted by -0.0874 (-6.22%).

2015 Avg (February) 1.3173
2014 Avg (February) 1.4047

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3385 1.3023 1.3206
February 1.3477 1.2922 1.3173
March 1.3106 1.2233 1.2637
April 1.2984 1.2503 1.2729
May 1.2941 1.2535 1.2762
June 1.2620 1.2095 1.2425
July 1.2507 1.2070 1.2282
August 1.2104 1.1506 1.1867
September 1.1490 1.0922 1.1206
October 1.1699 1.0994 1.1351
November 1.1133 1.0603 1.0831
December 1.0685 0.9643 1.0186