2014 LSL to ZAR Historical Review

YEARLY HIGH

1.0074 ZAR

YEARLY LOW

0.9906 ZAR

YEARLY AVERAGE

0.9999 ZAR

2014 LSL to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the LSL to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 1.0074. Conversely, the yearly low was recorded on February 2, dropping to 0.9906.

This high-to-low spread represents a total annual volatility of 0.0167 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.9995 to the December average rate of 0.9999, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.0074 was down 0.19% compared to the 2013 peak of 1.0093, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,037 ZAR

2013 Average 5,000 ZAR

Yearly Trough Low 4,953 ZAR

Transaction Impact: A difference of 83.68 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.0007

0.9990

JanuMarcMayJulySeptNove

LSL 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 0.9997, compared to 1.0000 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) 0.9997

H2 Avg (Jul–Dec) 1.0000

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.0160 ZAR (High: 1.0067 / Low: 0.9906). On the other end, September was the most stable month, with a tight range of 0.0058 ZAR (High: 1.0039 / Low: 0.9981).

February Spread (Volatile) ±0.0160

September Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between May and July, 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 March and April, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.9995) against the same month in 2013 (average: 1.0008), the exchange rate shifted by -0.0013 (-0.13%).

2014 Avg (January) 0.9995

2013 Avg (January) 1.0008

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0074	0.9935	0.9995
February	1.0067	0.9906	0.9992
March	1.0062	0.9959	1.0005
April	1.0033	0.9967	0.9997
May	1.0059	0.9970	0.9995
June	1.0033	0.9958	1.0000
July	1.0060	0.9988	1.0004
August	1.0041	0.9977	0.9998
September	1.0039	0.9981	1.0006
October	1.0058	0.9953	0.9998
November	1.0057	0.9931	0.9998
December	1.0034	0.9975	0.9999