2014 GTQ to ZAR Historical Review

YEARLY HIGH

1.5318 ZAR

YEARLY LOW

1.3305 ZAR

YEARLY AVERAGE

1.4022 ZAR

2014 GTQ to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GTQ to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 1.5318. Conversely, the yearly low was recorded on May 24, dropping to 1.3305.

This high-to-low spread represents a total annual volatility of 0.2012 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.3830 to the December average rate of 1.5073, the exchange rate registered a net change of 8.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.5318 was up 14.38% compared to the 2013 peak of 1.3392, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,659 ZAR

2013 Average 6,138 ZAR

Yearly Trough Low 6,653 ZAR

Transaction Impact: A difference of 1,006.16 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.5235

1.3295

JanuMarcMayJulySeptNove

GTQ 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 1.3762, compared to 1.4283 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0522 points.

H1 Avg (Jan–Jun) 1.3762

H2 Avg (Jul–Dec) 1.4283

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0972 ZAR (High: 1.4361 / Low: 1.3389). On the other end, August was the most stable month, with a tight range of 0.0280 ZAR (High: 1.3767 / Low: 1.3486).

January Spread (Volatile) ±0.0972

August Spread (Stable) ±0.0280

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0300 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0300

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.5073) against the same month in 2013 (average: 1.3173), the exchange rate shifted by +0.1901 (+14.43%).

2014 Avg (December) 1.5073

2013 Avg (December) 1.3173

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4361	1.3389	1.3830
February	1.4383	1.3838	1.4120
March	1.4107	1.3643	1.3901
April	1.3772	1.3405	1.3601
May	1.3639	1.3305	1.3457
June	1.3842	1.3524	1.3661
July	1.3884	1.3476	1.3718
August	1.3767	1.3486	1.3650
September	1.4687	1.3721	1.4205
October	1.4762	1.4274	1.4489
November	1.4840	1.4375	1.4564
December	1.5318	1.4394	1.5073