2014 CNY to ZAR Historical Review

YEARLY HIGH

1.8922 ZAR

YEARLY LOW

1.6572 ZAR

YEARLY AVERAGE

1.7613 ZAR

2014 CNY to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CNY to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 1.8922. Conversely, the yearly low was recorded on May 24, dropping to 1.6572.

This high-to-low spread represents a total annual volatility of 0.2351 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.7878 to the December average rate of 1.8602, the exchange rate registered a net change of 4.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.8922 was up 9.15% compared to the 2013 peak of 1.7337, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 47,306 ZAR

2013 Average 39,181 ZAR

Yearly Trough Low 41,429 ZAR

Transaction Impact: A difference of 5,876.70 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.8791

1.6528

JanuMarcMayJulySeptNove

CNY 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 1.7362, compared to 1.7865 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0504 points.

H1 Avg (Jan–Jun) 1.7362

H2 Avg (Jul–Dec) 1.7865

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.1222 ZAR (High: 1.8538 / Low: 1.7316). On the other end, August was the most stable month, with a tight range of 0.0287 ZAR (High: 1.7458 / Low: 1.7171).

January Spread (Volatile) ±0.1222

August Spread (Stable) ±0.0287

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0604 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0604

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.8602) against the same month in 2013 (average: 1.7029), the exchange rate shifted by +0.1573 (+9.23%).

2014 Avg (December) 1.8602

2013 Avg (December) 1.7029

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8538	1.7316	1.7878
February	1.8493	1.7490	1.8028
March	1.7689	1.6993	1.7424
April	1.7150	1.6792	1.6971
May	1.6936	1.6572	1.6717
June	1.7413	1.6965	1.7152
July	1.7372	1.6996	1.7211
August	1.7458	1.7171	1.7318
September	1.8367	1.7363	1.7889
October	1.8493	1.7765	1.8081
November	1.8402	1.7860	1.8091
December	1.8922	1.7904	1.8602