2014 KPW to ZAR Historical Review

YEARLY HIGH

0.0130 ZAR

YEARLY LOW

0.0115 ZAR

YEARLY AVERAGE

0.0121 ZAR

2014 KPW to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the KPW to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.0130. Conversely, the yearly low was recorded on May 14, dropping to 0.0115.

This high-to-low spread represents a total annual volatility of 0.0015 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0121 to the December average rate of 0.0128, the exchange rate registered a net change of 5.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0130 was up 10.92% compared to the 2013 peak of 0.0117, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65 ZAR

2013 Average 54 ZAR

Yearly Trough Low 57 ZAR

Transaction Impact: A difference of 7.66 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0129

0.0114

JanuMarcMayJulySeptNove

KPW 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 0.0119, compared to 0.0122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0119

H2 Avg (Jul–Dec) 0.0122

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0008 ZAR (High: 0.0125 / Low: 0.0117). On the other end, August was the most stable month, with a tight range of 0.0002 ZAR (High: 0.0120 / Low: 0.0117).

January Spread (Volatile) ±0.0008

August Spread (Stable) ±0.0002

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 0.0002 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0128) against the same month in 2013 (average: 0.0115), the exchange rate shifted by +0.0013 (+10.95%).

2014 Avg (December) 0.0128

2013 Avg (December) 0.0115

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0125	0.0117	0.0121
February	0.0125	0.0119	0.0122
March	0.0121	0.0117	0.0119
April	0.0118	0.0116	0.0117
May	0.0117	0.0115	0.0116
June	0.0120	0.0117	0.0118
July	0.0120	0.0117	0.0118
August	0.0120	0.0117	0.0118
September	0.0125	0.0119	0.0122
October	0.0126	0.0121	0.0123
November	0.0125	0.0122	0.0123
December	0.0130	0.0122	0.0128