2014 KWD to ZAR Historical Review

YEARLY HIGH

40.0601 ZAR

YEARLY LOW

36.5505 ZAR

YEARLY AVERAGE

38.0865 ZAR

2014 KWD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the KWD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 40.0601. Conversely, the yearly low was recorded on May 24, dropping to 36.5505.

This high-to-low spread represents a total annual volatility of 3.5096 ZAR. From a start-to-finish perspective, comparing the January average rate of 38.3996 to the December average rate of 39.3486, the exchange rate registered a net change of 2.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 40.0601 was up 7.47% compared to the 2013 peak of 37.2750, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 200,300 ZAR

2013 Average 169,943 ZAR

Yearly Trough Low 182,753 ZAR

Transaction Impact: A difference of 17,547.78 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

39.5888

36.7062

JanuMarcMayJulySeptNove

KWD 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 37.9384, compared to 38.2346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2962 points.

H1 Avg (Jan–Jun) 37.9384

H2 Avg (Jul–Dec) 38.2346

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 2.7211 ZAR (High: 39.8968 / Low: 37.1757). On the other end, August was the most stable month, with a tight range of 0.6953 ZAR (High: 37.9616 / Low: 37.2663).

January Spread (Volatile) ±2.7211

August Spread (Stable) ±0.6953

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.7025 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.7025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 39.3486) against the same month in 2013 (average: 36.6665), the exchange rate shifted by +2.6821 (+7.31%).

2014 Avg (December) 39.3486

2013 Avg (December) 36.6665

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	39.8968	37.1757	38.3996
February	39.7461	38.0509	38.8604
March	38.6859	37.4390	38.1579
April	37.9210	36.9516	37.4659
May	37.4631	36.5505	36.9464
June	38.3169	37.4832	37.8002
July	38.1856	37.1654	37.7494
August	37.9616	37.2663	37.5709
September	39.1235	37.4130	38.3016
October	39.2635	37.5478	38.3506
November	38.6826	37.5947	38.0867
December	40.0601	37.8018	39.3486