2014 CHF to ZAR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 CHF to ZAR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the CHF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 12.5799. Conversely, the yearly low was recorded on November 23, dropping to 11.2734.
This high-to-low spread represents a total annual volatility of 1.3065 ZAR. From a start-to-finish perspective, comparing the January average rate of 12.0150 to the December average rate of 11.7697, the exchange rate registered a net change of -2.04% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 12.5799 was up 6.30% compared to the 2013 peak of 11.8344, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CHF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
CHF to ZAR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 12.0070, compared to 11.7021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3049 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was January, with a trading range of 0.8578 ZAR (High: 12.5799 / Low: 11.7221). On the other end, June was the most stable month, with a tight range of 0.2219 ZAR (High: 12.0269 / Low: 11.8050).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2626 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2014: 12.0150) against the same month in 2013 (average: 9.4966), the exchange rate shifted by +2.5184 (+26.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.5799 | 11.7221 | 12.0150 |
| February | 12.4628 | 12.0662 | 12.2613 |
| March | 12.3564 | 11.9189 | 12.2055 |
| April | 12.1027 | 11.8075 | 11.9430 |
| May | 11.9951 | 11.5127 | 11.7093 |
| June | 12.0269 | 11.8050 | 11.9082 |
| July | 12.0815 | 11.6243 | 11.8814 |
| August | 11.8340 | 11.6064 | 11.7173 |
| September | 11.8746 | 11.4869 | 11.7225 |
| October | 11.7872 | 11.3885 | 11.6226 |
| November | 11.6569 | 11.2734 | 11.4993 |
| December | 12.1234 | 11.4107 | 11.7697 |