2015 ZAR to MWK Historical Review

YEARLY HIGH

42.9238 MWK

YEARLY LOW

34.7286 MWK

YEARLY AVERAGE

38.9072 MWK

2015 ZAR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ZAR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 42.9238. Conversely, the yearly low was recorded on July 30, dropping to 34.7286.

This high-to-low spread represents a total annual volatility of 8.1952 MWK. From a start-to-finish perspective, comparing the January average rate of 39.9666 to the December average rate of 41.3583, the exchange rate registered a net change of 3.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 42.9238 was down 4.31% compared to the 2014 peak of 44.8556, 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 2,146,188 MWK

2014 Average 1,930,453 MWK

Yearly Trough Low 1,736,429 MWK

Transaction Impact: A difference of 409,758.80 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

41.9202

35.1765

JanuMarcMayJulySeptNove

ZAR to MWK 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 37.5329, compared to 40.2815 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.7486 points.

H1 Avg (Jan–Jun) 37.5329

H2 Avg (Jul–Dec) 40.2815

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 5.8572 MWK (High: 42.2997 / Low: 36.4426). On the other end, April was the most stable month, with a tight range of 1.3523 MWK (High: 37.7708 / Low: 36.4185).

August Spread (Volatile) ±5.8572

April Spread (Stable) ±1.3523

Growth Streaks & Declines

Trends

Between June and August, 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 February and March, when the average rate fell by 2.0639 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.0639

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 41.3583) against the same month in 2014 (average: 41.8509), the exchange rate shifted by -0.4926 (-1.18%).

2015 Avg (December) 41.3583

2014 Avg (December) 41.8509

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.6296	39.1541	39.9666
February	40.1688	37.5259	38.7935
March	38.3597	35.5092	36.7296
April	37.7708	36.4185	37.0434
May	37.5416	36.1737	36.9261
June	36.6165	34.8928	35.7385
July	37.6265	34.7286	36.4534
August	42.2997	36.4426	41.1165
September	42.1583	39.8426	41.0055
October	42.3725	40.0193	41.0177
November	42.3765	39.2810	40.7378
December	42.9238	37.6154	41.3583