2014 BMD to ZAR Historical Review

YEARLY HIGH

11.6883 ZAR

YEARLY LOW

10.3089 ZAR

YEARLY AVERAGE

10.8464 ZAR

2014 BMD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BMD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 11.6883. Conversely, the yearly low was recorded on May 14, dropping to 10.3089.

This high-to-low spread represents a total annual volatility of 1.3795 ZAR. From a start-to-finish perspective, comparing the January average rate of 10.8518 to the December average rate of 11.4979, the exchange rate registered a net change of 5.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 11.6883 was up 10.92% compared to the 2013 peak of 10.5373, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,442 ZAR

2013 Average 48,239 ZAR

Yearly Trough Low 51,544 ZAR

Transaction Impact: A difference of 6,897.30 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

11.6072

10.2955

JanuMarcMayJulySeptNove

BMD 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 10.6969, compared to 10.9959 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2991 points.

H1 Avg (Jan–Jun) 10.6969

H2 Avg (Jul–Dec) 10.9959

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.7580 ZAR (High: 11.2609 / Low: 10.5029). On the other end, August was the most stable month, with a tight range of 0.1922 ZAR (High: 10.7580 / Low: 10.5658).

January Spread (Volatile) ±0.7580

August Spread (Stable) ±0.1922

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 0.2229 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.2229

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 11.4979) against the same month in 2013 (average: 10.3630), the exchange rate shifted by +1.1349 (+10.95%).

2014 Avg (December) 11.4979

2013 Avg (December) 10.3630

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.2609	10.5029	10.8518
February	11.2427	10.7188	10.9687
March	10.8953	10.5464	10.7458
April	10.6646	10.4008	10.5468
May	10.5540	10.3089	10.4048
June	10.8153	10.5726	10.6634
July	10.7685	10.5130	10.6598
August	10.7580	10.5658	10.6608
September	11.2810	10.6724	10.9856
October	11.3560	10.8688	11.0821
November	11.2713	10.9477	11.0893
December	11.6883	11.0078	11.4979