YEARLY HIGH
1.2516 SCR
YEARLY LOW
0.8205 SCR
YEARLY AVERAGE
1.0520 SCR

2015 ZAR to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ZAR to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 1.2516. Conversely, the yearly low was recorded on December 9, dropping to 0.8205.

This high-to-low spread represents a total annual volatility of 0.4311 SCR. From a start-to-finish perspective, comparing the January average rate of 1.2042 to the December average rate of 0.8492, the exchange rate registered a net change of -29.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.2516 was down 4.23% compared to the 2014 peak of 1.3069, 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 62,582 SCR
2014 Average 58,639 SCR
Yearly Trough Low 41,027 SCR
Transaction Impact: A difference of 21,554.80 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.2459
0.8131
JanuMarcMayJulySeptNove

ZAR to SCR 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 1.1464, compared to 0.9575 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1889 points.

H1 Avg (Jan–Jun) 1.1464
H2 Avg (Jul–Dec) 0.9575

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.1153 SCR (High: 1.2044 / Low: 1.0891). On the other end, April was the most stable month, with a tight range of 0.0346 SCR (High: 1.1474 / Low: 1.1128).

March Spread (Volatile) ±0.1153
April Spread (Stable) ±0.0346

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 February and March, when the average rate fell by 0.0743 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0743

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 1.2098) against the same month in 2014 (average: 1.1064), the exchange rate shifted by +0.1034 (+9.35%).

2015 Avg (February) 1.2098
2014 Avg (February) 1.1064

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2367 1.1251 1.2042
February 1.2516 1.1672 1.2098
March 1.2044 1.0891 1.1355
April 1.1474 1.1128 1.1314
May 1.1349 1.0959 1.1217
June 1.1008 1.0486 1.0759
July 1.0900 1.0250 1.0536
August 1.0561 0.9623 1.0148
September 0.9886 0.9071 0.9556
October 1.0008 0.9194 0.9651
November 0.9597 0.8832 0.9070
December 0.8870 0.8205 0.8492