YEARLY HIGH
0.1319 ZAR
YEARLY LOW
0.1017 ZAR
YEARLY AVERAGE
0.1164 ZAR

2013 CVE to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the CVE to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1319. Conversely, the yearly low was recorded on January 2, dropping to 0.1017.

This high-to-low spread represents a total annual volatility of 0.0302 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1058 to the December average rate of 0.1291, the exchange rate registered a net change of 22.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.1319 was up 25.72% compared to the 2012 peak of 0.1049, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 659 ZAR
2012 Average 478 ZAR
Yearly Trough Low 509 ZAR
Transaction Impact: A difference of 150.80 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.1314
0.1034
JanuMarcMayJulySeptNove

CVE 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 0.1097, compared to 0.1231 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0134 points.

H1 Avg (Jan–Jun) 0.1097
H2 Avg (Jul–Dec) 0.1231

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.0123 ZAR (High: 0.1180 / Low: 0.1057). On the other end, March was the most stable month, with a tight range of 0.0025 ZAR (High: 0.1093 / Low: 0.1068).

May Spread (Volatile) ±0.0123
March Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0021 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 0.1291) against the same month in 2012 (average: 0.1024), the exchange rate shifted by +0.0267 (+26.02%).

2013 Avg (December) 0.1291
2012 Avg (December) 0.1024

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1107 0.1017 0.1058
February 0.1099 0.1056 0.1076
March 0.1093 0.1068 0.1079
April 0.1097 0.1054 0.1074
May 0.1180 0.1057 0.1098
June 0.1225 0.1164 0.1198
July 0.1197 0.1163 0.1177
August 0.1269 0.1183 0.1219
September 0.1246 0.1190 0.1219
October 0.1246 0.1219 0.1231
November 0.1269 0.1239 0.1252
December 0.1319 0.1258 0.1291