YEARLY HIGH
1928.4803 STD
YEARLY LOW
1402.5851 STD
YEARLY AVERAGE
1739.2853 STD

2015 ZAR to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ZAR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 1928.4803. Conversely, the yearly low was recorded on December 11, dropping to 1402.5851.

This high-to-low spread represents a total annual volatility of 525.8952 STD. From a start-to-finish perspective, comparing the January average rate of 1820.1036 to the December average rate of 1494.6281, the exchange rate registered a net change of -17.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 1928.4803 was up 7.11% compared to the 2014 peak of 1800.4052, 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 96,424,017 STD
2014 Average 85,168,832 STD
Yearly Trough Low 70,129,256 STD
Transaction Impact: A difference of 26,294,760.73 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1930.7630
1454.9795
JanuMarcMayJulySeptNove

ZAR to STD 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 1842.9020, compared to 1635.6686 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 207.2334 points.

H1 Avg (Jan–Jun) 1842.9020
H2 Avg (Jul–Dec) 1635.6686

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 205.4232 STD (High: 1608.0083 / Low: 1402.5851). On the other end, March was the most stable month, with a tight range of 48.0557 STD (High: 1898.6320 / Low: 1850.5762).

December Spread (Volatile) ±205.4232
March Spread (Stable) ±48.0557

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 118.7319 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -118.7319

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2015: 1891.1144) against the same month in 2014 (average: 1683.5584), the exchange rate shifted by +207.5560 (+12.33%).

2015 Avg (April) 1891.1144
2014 Avg (April) 1683.5584

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1908.5922 1737.0735 1820.1036
February 1895.1802 1834.1144 1863.7012
March 1898.6320 1850.5762 1873.5288
April 1928.4803 1855.4078 1891.1144
May 1867.7492 1806.9646 1833.2567
June 1826.1555 1745.3942 1775.7071
July 1824.9798 1748.1732 1786.6653
August 1776.6449 1624.9385 1706.7250
September 1629.3414 1560.5221 1596.8159
October 1645.1225 1571.7768 1615.8170
November 1645.5931 1577.9688 1613.3600
December 1608.0083 1402.5851 1494.6281