2015 ZAR to VEF Historical Review

YEARLY HIGH

0.5577 VEF

YEARLY LOW

0.3978 VEF

YEARLY AVERAGE

0.4982 VEF

2015 ZAR to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ZAR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.5577. Conversely, the yearly low was recorded on December 11, dropping to 0.3978.

This high-to-low spread represents a total annual volatility of 0.1599 VEF. From a start-to-finish perspective, comparing the January average rate of 0.5463 to the December average rate of 0.4202, the exchange rate registered a net change of -23.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.5577 was down 8.62% compared to the 2014 peak of 0.6103, 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 27,885 VEF

2014 Average 29,048 VEF

Yearly Trough Low 19,891 VEF

Transaction Impact: A difference of 7,993.92 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.5589

0.4076

JanuMarcMayJulySeptNove

ZAR to VEF 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 0.5304, compared to 0.4659 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0645 points.

H1 Avg (Jan–Jun) 0.5304

H2 Avg (Jul–Dec) 0.4659

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0422 VEF (High: 0.4400 / Low: 0.3978). On the other end, January was the most stable month, with a tight range of 0.0158 VEF (High: 0.5544 / Low: 0.5386).

December Spread (Volatile) ±0.0422

January Spread (Stable) ±0.0158

Growth Streaks & Declines

Trends

Between March and May, 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 0.0273 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0273

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 0.5449) against the same month in 2014 (average: 0.5737), the exchange rate shifted by -0.0288 (-5.03%).

2015 Avg (February) 0.5449

2014 Avg (February) 0.5737

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5544	0.5386	0.5463
February	0.5577	0.5352	0.5449
March	0.5414	0.5060	0.5230
April	0.5362	0.5177	0.5269
May	0.5362	0.5195	0.5280
June	0.5213	0.5012	0.5135
July	0.5163	0.4986	0.5076
August	0.5003	0.4751	0.4901
September	0.4747	0.4501	0.4628
October	0.4830	0.4540	0.4682
November	0.4592	0.4377	0.4466
December	0.4400	0.3978	0.4202