2014 ISK to ZAR Historical Review

YEARLY HIGH

0.0979 ZAR

YEARLY LOW

0.0884 ZAR

YEARLY AVERAGE

0.0930 ZAR

2014 ISK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ISK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 0.0979. Conversely, the yearly low was recorded on November 23, dropping to 0.0884.

This high-to-low spread represents a total annual volatility of 0.0095 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0938 to the December average rate of 0.0918, the exchange rate registered a net change of -2.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0979 was up 7.57% compared to the 2013 peak of 0.0910, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 489 ZAR

2013 Average 396 ZAR

Yearly Trough Low 442 ZAR

Transaction Impact: A difference of 47.34 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0966

0.0891

JanuMarcMayJulySeptNove

ISK 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 0.0942, compared to 0.0918 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0942

H2 Avg (Jul–Dec) 0.0918

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0065 ZAR (High: 0.0979 / Low: 0.0913). On the other end, June was the most stable month, with a tight range of 0.0017 ZAR (High: 0.0948 / Low: 0.0931).

January Spread (Volatile) ±0.0065

June Spread (Stable) ±0.0017

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 October and November, when the average rate fell by 0.0020 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0938) against the same month in 2013 (average: 0.0683), the exchange rate shifted by +0.0255 (+37.33%).

2014 Avg (January) 0.0938

2013 Avg (January) 0.0683

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0979	0.0913	0.0938
February	0.0973	0.0945	0.0960
March	0.0965	0.0935	0.0952
April	0.0950	0.0927	0.0939
May	0.0942	0.0910	0.0924
June	0.0948	0.0931	0.0938
July	0.0952	0.0912	0.0934
August	0.0933	0.0910	0.0920
September	0.0936	0.0908	0.0924
October	0.0935	0.0894	0.0917
November	0.0910	0.0884	0.0897
December	0.0944	0.0891	0.0918