YEARLY HIGH
9.6047 RSD
YEARLY LOW
7.0133 RSD
YEARLY AVERAGE
8.5706 RSD

2015 ZAR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ZAR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 9.6047. Conversely, the yearly low was recorded on December 11, dropping to 7.0133.

This high-to-low spread represents a total annual volatility of 2.5914 RSD. From a start-to-finish perspective, comparing the January average rate of 9.1130 to the December average rate of 7.4330, the exchange rate registered a net change of -18.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 9.6047 was up 8.47% compared to the 2014 peak of 8.8544, 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 480,235 RSD
2014 Average 407,602 RSD
Yearly Trough Low 350,664 RSD
Transaction Impact: A difference of 129,570.68 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

9.4456
7.2500
JanuMarcMayJulySeptNove

ZAR to RSD 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 9.0933, compared to 8.0480 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0453 points.

H1 Avg (Jan–Jun) 9.0933
H2 Avg (Jul–Dec) 8.0480

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 1.0340 RSD (High: 9.6047 / Low: 8.5707). On the other end, March was the most stable month, with a tight range of 0.1884 RSD (High: 9.3186 / Low: 9.1302).

January Spread (Volatile) ±1.0340
March Spread (Stable) ±0.1884

Growth Streaks & Declines

Trends

Between September and November, 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 0.5429 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5429

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 9.1130) against the same month in 2014 (average: 7.8096), the exchange rate shifted by +1.3034 (+16.69%).

2015 Avg (January) 9.1130
2014 Avg (January) 7.8096

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.6047 8.5707 9.1130
February 9.4228 9.0857 9.2234
March 9.3186 9.1302 9.2033
April 9.4114 9.0364 9.2627
May 9.2108 8.8788 9.0274
June 9.0069 8.5792 8.7299
July 8.9615 8.5977 8.7704
August 8.6785 7.9104 8.3760
September 8.0064 7.6058 7.8331
October 8.0700 7.6863 7.9290
November 8.1142 7.7821 7.9467
December 7.9713 7.0133 7.4330