2015 ZAR to SZL Historical Review

YEARLY HIGH

1.0143 SZL

YEARLY LOW

0.9888 SZL

YEARLY AVERAGE

1.0000 SZL

2015 ZAR to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ZAR to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 1.0143. Conversely, the yearly low was recorded on December 11, dropping to 0.9888.

This high-to-low spread represents a total annual volatility of 0.0255 SZL. From a start-to-finish perspective, comparing the January average rate of 1.0004 to the December average rate of 0.9995, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.0143 was up 0.34% compared to the 2014 peak of 1.0108, 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 50,716 SZL

2014 Average 50,014 SZL

Yearly Trough Low 49,440 SZL

Transaction Impact: A difference of 1,275.28 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.0005

0.9994

JanuMarcMayJulySeptNove

ZAR to SZL 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 1.0002, compared to 0.9998 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 1.0002

H2 Avg (Jul–Dec) 0.9998

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0255 SZL (High: 1.0143 / Low: 0.9888). On the other end, May was the most stable month, with a tight range of 0.0030 SZL (High: 1.0017 / Low: 0.9987).

December Spread (Volatile) ±0.0255

May Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between February and April, 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 November and December, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.9995) against the same month in 2014 (average: 1.0005), the exchange rate shifted by -0.0010 (-0.10%).

2015 Avg (December) 0.9995

2014 Avg (December) 1.0005

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0063	0.9981	1.0004
February	1.0034	0.9984	1.0002
March	1.0042	0.9977	1.0002
April	1.0052	0.9996	1.0004
May	1.0017	0.9987	1.0001
June	1.0024	0.9960	0.9999
July	1.0015	0.9976	0.9999
August	1.0016	0.9968	0.9997
September	1.0014	0.9938	0.9996
October	1.0041	0.9982	1.0001
November	1.0020	0.9970	1.0000
December	1.0143	0.9888	0.9995