2014 HKD to ZAR Historical Review

YEARLY HIGH

1.5077 ZAR

YEARLY LOW

1.3299 ZAR

YEARLY AVERAGE

1.3987 ZAR

2014 HKD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HKD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 1.5077. Conversely, the yearly low was recorded on May 24, dropping to 1.3299.

This high-to-low spread represents a total annual volatility of 0.1778 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.3989 to the December average rate of 1.4827, the exchange rate registered a net change of 5.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.5077 was up 10.95% compared to the 2013 peak of 1.3589, 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 37,692 ZAR

2013 Average 31,095 ZAR

Yearly Trough Low 33,247 ZAR

Transaction Impact: A difference of 4,445.37 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.4967

1.3281

JanuMarcMayJulySeptNove

HKD 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 1.3792, compared to 1.4182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0390 points.

H1 Avg (Jan–Jun) 1.3792

H2 Avg (Jul–Dec) 1.4182

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0959 ZAR (High: 1.4504 / Low: 1.3545). On the other end, August was the most stable month, with a tight range of 0.0248 ZAR (High: 1.3880 / Low: 1.3632).

January Spread (Volatile) ±0.0959

August Spread (Stable) ±0.0248

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 0.0292 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0292

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.4827) against the same month in 2013 (average: 1.3365), the exchange rate shifted by +0.1462 (+10.94%).

2014 Avg (December) 1.4827

2013 Avg (December) 1.3365

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4504	1.3545	1.3989
February	1.4477	1.3811	1.4138
March	1.4042	1.3596	1.3845
April	1.3755	1.3415	1.3601
May	1.3612	1.3299	1.3421
June	1.3953	1.3637	1.3756
July	1.3894	1.3565	1.3754
August	1.3880	1.3632	1.3755
September	1.4529	1.3770	1.4170
October	1.4632	1.4011	1.4285
November	1.4535	1.4112	1.4300
December	1.5077	1.4194	1.4827