2014 GMD to ZAR Historical Review

YEARLY HIGH

0.2959 ZAR

YEARLY LOW

0.2519 ZAR

YEARLY AVERAGE

0.2721 ZAR

2014 GMD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GMD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 0.2959. Conversely, the yearly low was recorded on October 30, dropping to 0.2519.

This high-to-low spread represents a total annual volatility of 0.0440 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.2849 to the December average rate of 0.2667, the exchange rate registered a net change of -6.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2959 was down 6.65% compared to the 2013 peak of 0.3170, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,479 ZAR

2013 Average 1,427 ZAR

Yearly Trough Low 1,260 ZAR

Transaction Impact: A difference of 219.79 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2905

0.2541

JanuMarcMayJulySeptNove

GMD 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 0.2761, compared to 0.2681 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.2761

H2 Avg (Jul–Dec) 0.2681

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0346 ZAR (High: 0.2865 / Low: 0.2519). On the other end, August was the most stable month, with a tight range of 0.0053 ZAR (High: 0.2713 / Low: 0.2659).

October Spread (Volatile) ±0.0346

August Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between May and July, 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 October and November, when the average rate fell by 0.0136 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0136

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.2849) against the same month in 2013 (average: 0.2626), the exchange rate shifted by +0.0223 (+8.51%).

2014 Avg (January) 0.2849

2013 Avg (January) 0.2626

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2959	0.2767	0.2849
February	0.2951	0.2810	0.2875
March	0.2861	0.2756	0.2818
April	0.2799	0.2646	0.2713
May	0.2665	0.2587	0.2623
June	0.2732	0.2656	0.2686
July	0.2716	0.2653	0.2690
August	0.2713	0.2659	0.2683
September	0.2849	0.2680	0.2770
October	0.2865	0.2519	0.2707
November	0.2615	0.2540	0.2571
December	0.2706	0.2553	0.2667