2014 MRO to ZAR Historical Review

YEARLY HIGH

0.0402 ZAR

YEARLY LOW

0.0349 ZAR

YEARLY AVERAGE

0.0371 ZAR

2014 MRO to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MRO to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.0402. Conversely, the yearly low was recorded on May 18, dropping to 0.0349.

This high-to-low spread represents a total annual volatility of 0.0052 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0373 to the December average rate of 0.0395, the exchange rate registered a net change of 5.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0402 was up 11.58% compared to the 2013 peak of 0.0360, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 201 ZAR

2013 Average 164 ZAR

Yearly Trough Low 175 ZAR

Transaction Impact: A difference of 26.03 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0399

0.0350

JanuMarcMayJulySeptNove

MRO 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 0.0366, compared to 0.0377 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0366

H2 Avg (Jul–Dec) 0.0377

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0026 ZAR (High: 0.0387 / Low: 0.0361). On the other end, August was the most stable month, with a tight range of 0.0008 ZAR (High: 0.0369 / Low: 0.0360).

January Spread (Volatile) ±0.0026

August Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0010 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0395) against the same month in 2013 (average: 0.0355), the exchange rate shifted by +0.0040 (+11.21%).

2014 Avg (December) 0.0395

2013 Avg (December) 0.0355

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0387	0.0361	0.0373
February	0.0386	0.0369	0.0377
March	0.0374	0.0356	0.0367
April	0.0361	0.0353	0.0357
May	0.0361	0.0349	0.0354
June	0.0370	0.0361	0.0365
July	0.0370	0.0360	0.0365
August	0.0369	0.0360	0.0365
September	0.0387	0.0365	0.0377
October	0.0388	0.0370	0.0379
November	0.0386	0.0374	0.0380
December	0.0402	0.0380	0.0395