2014 HKD to SZL Historical Review

YEARLY HIGH

1.5076 SZL

YEARLY LOW

1.3312 SZL

YEARLY AVERAGE

1.3991 SZL

2014 HKD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HKD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 1.5076. Conversely, the yearly low was recorded on May 14, dropping to 1.3312.

This high-to-low spread represents a total annual volatility of 0.1764 SZL. From a start-to-finish perspective, comparing the January average rate of 1.3993 to the December average rate of 1.4834, the exchange rate registered a net change of 6.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.5076 was up 11.25% compared to the 2013 peak of 1.3552, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 37,690 SZL

2013 Average 31,098 SZL

Yearly Trough Low 33,280 SZL

Transaction Impact: A difference of 4,409.72 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.4975

1.3288

JanuMarcMayJulySeptNove

HKD to SZL 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 1.3798, compared to 1.4184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0386 points.

H1 Avg (Jan–Jun) 1.3798

H2 Avg (Jul–Dec) 1.4184

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0903 SZL (High: 1.4472 / Low: 1.3570). On the other end, August was the most stable month, with a tight range of 0.0232 SZL (High: 1.3864 / Low: 1.3631).

January Spread (Volatile) ±0.0903

August Spread (Stable) ±0.0232

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0316 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0316

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.4834) against the same month in 2013 (average: 1.3374), the exchange rate shifted by +0.1460 (+10.92%).

2014 Avg (December) 1.4834

2013 Avg (December) 1.3374

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4472	1.3570	1.3993
February	1.4492	1.3830	1.4156
March	1.4025	1.3614	1.3840
April	1.3745	1.3440	1.3608
May	1.3572	1.3312	1.3429
June	1.3918	1.3568	1.3759
July	1.3906	1.3575	1.3758
August	1.3864	1.3631	1.3763
September	1.4517	1.3767	1.4164
October	1.4615	1.4045	1.4289
November	1.4519	1.4115	1.4295
December	1.5076	1.4213	1.4834