2014 BOB to ZAR Historical Review

YEARLY HIGH

1.6916 ZAR

YEARLY LOW

1.4920 ZAR

YEARLY AVERAGE

1.5694 ZAR

2014 BOB to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BOB to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 1.6916. Conversely, the yearly low was recorded on May 14, dropping to 1.4920.

This high-to-low spread represents a total annual volatility of 0.1996 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.5699 to the December average rate of 1.6637, the exchange rate registered a net change of 5.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.6916 was up 11.43% compared to the 2013 peak of 1.5180, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,458 ZAR

2013 Average 6,947 ZAR

Yearly Trough Low 7,460 ZAR

Transaction Impact: A difference of 998.18 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.6795

1.4899

JanuMarcMayJulySeptNove

BOB 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 1.5478, compared to 1.5910 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0432 points.

H1 Avg (Jan–Jun) 1.5478

H2 Avg (Jul–Dec) 1.5910

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.1100 ZAR (High: 1.6292 / Low: 1.5192). On the other end, August was the most stable month, with a tight range of 0.0271 ZAR (High: 1.5563 / Low: 1.5292).

January Spread (Volatile) ±0.1100

August Spread (Stable) ±0.0271

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 0.0331 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0331

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.6637) against the same month in 2013 (average: 1.4992), the exchange rate shifted by +0.1645 (+10.97%).

2014 Avg (December) 1.6637

2013 Avg (December) 1.4992

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6292	1.5192	1.5699
February	1.6260	1.5522	1.5876
March	1.5768	1.5239	1.5544
April	1.5433	1.5065	1.5257
May	1.5276	1.4920	1.5057
June	1.5649	1.5302	1.5435
July	1.5587	1.5205	1.5425
August	1.5563	1.5292	1.5427
September	1.6335	1.5394	1.5887
October	1.6368	1.5734	1.6034
November	1.6317	1.5850	1.6050
December	1.6916	1.5925	1.6637