2014 BHD to ZAR Historical Review

YEARLY HIGH

31.0044 ZAR

YEARLY LOW

27.3430 ZAR

YEARLY AVERAGE

28.7683 ZAR

2014 BHD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BHD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 31.0044. Conversely, the yearly low was recorded on May 14, dropping to 27.3430.

This high-to-low spread represents a total annual volatility of 3.6614 ZAR. From a start-to-finish perspective, comparing the January average rate of 28.7860 to the December average rate of 30.4959, the exchange rate registered a net change of 5.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 31.0044 was up 10.88% compared to the 2013 peak of 27.9610, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 155,022 ZAR

2013 Average 127,954 ZAR

Yearly Trough Low 136,715 ZAR

Transaction Impact: A difference of 18,306.95 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

30.7857

27.3085

JanuMarcMayJulySeptNove

BHD 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 28.3721, compared to 29.1644 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7923 points.

H1 Avg (Jan–Jun) 28.3721

H2 Avg (Jul–Dec) 29.1644

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 1.8596 ZAR (High: 29.8688 / Low: 28.0092). On the other end, August was the most stable month, with a tight range of 0.5101 ZAR (High: 28.5325 / Low: 28.0224).

January Spread (Volatile) ±1.8596

August Spread (Stable) ±0.5101

Growth Streaks & Declines

Trends

Between August and December, 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 0.5909 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.5909

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 30.4959) against the same month in 2013 (average: 27.4919), the exchange rate shifted by +3.0040 (+10.93%).

2014 Avg (December) 30.4959

2013 Avg (December) 27.4919

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	29.8688	28.0092	28.7860
February	29.7989	28.4310	29.0935
March	28.8974	27.9804	28.5026
April	28.2858	27.5877	27.9702
May	27.9927	27.3430	27.5982
June	28.6865	28.0406	28.2823
July	28.5651	27.8834	28.2739
August	28.5325	28.0224	28.2730
September	29.9122	28.2839	29.1362
October	30.1244	28.8298	29.3931
November	29.8910	29.0376	29.4145
December	31.0044	29.1977	30.4959