YEARLY HIGH
15.3859 ZAR
YEARLY LOW
13.5529 ZAR
YEARLY AVERAGE
14.3982 ZAR

2014 EUR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the EUR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 15.3859. Conversely, the yearly low was recorded on November 23, dropping to 13.5529.

This high-to-low spread represents a total annual volatility of 1.8329 ZAR. From a start-to-finish perspective, comparing the January average rate of 14.7802 to the December average rate of 14.1512, the exchange rate registered a net change of -4.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 15.3859 was up 6.06% compared to the 2013 peak of 14.5071, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 76,929 ZAR
2013 Average 64,111 ZAR
Yearly Trough Low 67,765 ZAR
Transaction Impact: A difference of 9,164.69 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

15.0979
13.7146
JanuMarcMayJulySeptNove

EUR 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 14.6626, compared to 14.1338 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5288 points.

H1 Avg (Jan–Jun) 14.6626
H2 Avg (Jul–Dec) 14.1338

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.9384 ZAR (High: 15.3859 / Low: 14.4475). On the other end, June was the most stable month, with a tight range of 0.2431 ZAR (High: 14.6514 / Low: 14.4083).

January Spread (Volatile) ±0.9384
June Spread (Stable) ±0.2431

Growth Streaks & Declines

Trends

No 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 0.2919 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.2919

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 14.7802) against the same month in 2013 (average: 11.6744), the exchange rate shifted by +3.1059 (+26.60%).

2014 Avg (January) 14.7802
2013 Avg (January) 11.6744

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.3859 14.4475 14.7802
February 15.2080 14.6962 14.9826
March 15.0259 14.5259 14.8560
April 14.7590 14.4103 14.5641
May 14.6172 14.0543 14.2880
June 14.6514 14.4083 14.5045
July 14.6612 14.1203 14.4359
August 14.3729 14.0007 14.1942
September 14.3385 13.8445 14.1514
October 14.2202 13.7078 14.0402
November 14.0259 13.5529 13.8298
December 14.5763 13.7301 14.1512