2014 AFN to ZAR Historical Review

YEARLY HIGH

0.2020 ZAR

YEARLY LOW

0.1811 ZAR

YEARLY AVERAGE

0.1903 ZAR

2014 AFN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AFN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.2020. Conversely, the yearly low was recorded on May 14, dropping to 0.1811.

This high-to-low spread represents a total annual volatility of 0.0209 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1929 to the December average rate of 0.1982, the exchange rate registered a net change of 2.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2020 was up 7.23% compared to the 2013 peak of 0.1883, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AFN based on timing:

Yearly Peak High 1,010 ZAR

2013 Average 880 ZAR

Yearly Trough Low 905 ZAR

Transaction Impact: A difference of 104.29 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1997

0.1815

JanuMarcMayJulySeptNove

AFN to ZAR 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 0.1882, compared to 0.1923 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.1882

H2 Avg (Jul–Dec) 0.1923

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0119 ZAR (High: 0.1991 / Low: 0.1873). On the other end, June was the most stable month, with a tight range of 0.0041 ZAR (High: 0.1880 / Low: 0.1839).

January Spread (Volatile) ±0.0119

June Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0047 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.1982) against the same month in 2013 (average: 0.1817), the exchange rate shifted by +0.0165 (+9.09%).

2014 Avg (December) 0.1982

2013 Avg (December) 0.1817

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1991	0.1873	0.1929
February	0.1991	0.1884	0.1934
March	0.1917	0.1846	0.1887
April	0.1881	0.1831	0.1856
May	0.1863	0.1811	0.1830
June	0.1880	0.1839	0.1857
July	0.1917	0.1852	0.1874
August	0.1909	0.1865	0.1893
September	0.1980	0.1896	0.1935
October	0.1987	0.1882	0.1934
November	0.1960	0.1887	0.1921
December	0.2020	0.1903	0.1982