2013 CDF to ZAR Historical Review

YEARLY HIGH

0.0114 ZAR

YEARLY LOW

0.0092 ZAR

YEARLY AVERAGE

0.0105 ZAR

2013 CDF to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the CDF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0114. Conversely, the yearly low was recorded on January 1, dropping to 0.0092.

This high-to-low spread represents a total annual volatility of 0.0022 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0095 to the December average rate of 0.0112, the exchange rate registered a net change of 17.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0114 was up 17.31% compared to the 2012 peak of 0.0097, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 57 ZAR

2012 Average 45 ZAR

Yearly Trough Low 46 ZAR

Transaction Impact: A difference of 10.90 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0114

0.0094

JanuMarcMayJulySeptNove

CDF 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 0.0100, compared to 0.0109 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0100

H2 Avg (Jul–Dec) 0.0109

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.0012 ZAR (High: 0.0109 / Low: 0.0097). On the other end, February was the most stable month, with a tight range of 0.0002 ZAR (High: 0.0098 / Low: 0.0096).

May Spread (Volatile) ±0.0012

February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 0.0112) against the same month in 2012 (average: 0.0093), the exchange rate shifted by +0.0019 (+20.41%).

2013 Avg (December) 0.0112

2012 Avg (December) 0.0093

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0098	0.0092	0.0095
February	0.0098	0.0096	0.0097
March	0.0100	0.0098	0.0099
April	0.0101	0.0097	0.0099
May	0.0109	0.0097	0.0101
June	0.0111	0.0107	0.0109
July	0.0111	0.0106	0.0108
August	0.0113	0.0107	0.0109
September	0.0111	0.0105	0.0108
October	0.0109	0.0106	0.0107
November	0.0113	0.0109	0.0110
December	0.0114	0.0110	0.0112