2014 AZN to ZAR Historical Review

YEARLY HIGH

14.8972 ZAR

YEARLY LOW

13.1440 ZAR

YEARLY AVERAGE

13.8324 ZAR

2014 AZN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AZN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 14.8972. Conversely, the yearly low was recorded on May 14, dropping to 13.1440.

This high-to-low spread represents a total annual volatility of 1.7531 ZAR. From a start-to-finish perspective, comparing the January average rate of 13.8379 to the December average rate of 14.6627, the exchange rate registered a net change of 5.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 14.8972 was up 10.88% compared to the 2013 peak of 13.4352, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 74,486 ZAR

2013 Average 61,493 ZAR

Yearly Trough Low 65,720 ZAR

Transaction Impact: A difference of 8,765.72 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

14.8021

13.1286

JanuMarcMayJulySeptNove

AZN 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 13.6413, compared to 14.0235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3823 points.

H1 Avg (Jan–Jun) 13.6413

H2 Avg (Jul–Dec) 14.0235

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.9649 ZAR (High: 14.3597 / Low: 13.3948). On the other end, August was the most stable month, with a tight range of 0.2451 ZAR (High: 13.7196 / Low: 13.4746).

January Spread (Volatile) ±0.9649

August Spread (Stable) ±0.2451

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2829 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.2829

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 14.6627) against the same month in 2013 (average: 13.2144), the exchange rate shifted by +1.4482 (+10.96%).

2014 Avg (December) 14.6627

2013 Avg (December) 13.2144

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.3597	13.3948	13.8379
February	14.3383	13.6668	13.9873
March	13.8982	13.4498	13.7044
April	13.6005	13.2629	13.4503
May	13.4583	13.1440	13.2681
June	13.7927	13.4821	13.5995
July	13.7348	13.4084	13.5946
August	13.7196	13.4746	13.5972
September	14.3890	13.6128	14.0117
October	14.4847	13.8607	14.1340
November	14.3729	13.9598	14.1411
December	14.8972	14.0364	14.6627