2014 NPR to ZAR Historical Review

YEARLY HIGH

0.1167 ZAR

YEARLY LOW

0.1061 ZAR

YEARLY AVERAGE

0.1109 ZAR

2014 NPR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NPR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 0.1167. Conversely, the yearly low was recorded on January 1, dropping to 0.1061.

This high-to-low spread represents a total annual volatility of 0.0107 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1092 to the December average rate of 0.1145, the exchange rate registered a net change of 4.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1167 was up 4.80% compared to the 2013 peak of 0.1114, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 584 ZAR

2013 Average 516 ZAR

Yearly Trough Low 530 ZAR

Transaction Impact: A difference of 53.28 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1150

0.1086

JanuMarcMayJulySeptNove

NPR 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 0.1099, compared to 0.1120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.1099

H2 Avg (Jul–Dec) 0.1120

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0064 ZAR (High: 0.1125 / Low: 0.1061). On the other end, August was the most stable month, with a tight range of 0.0023 ZAR (High: 0.1102 / Low: 0.1079).

January Spread (Volatile) ±0.0064

August Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between April and June, 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 July and August, when the average rate fell by 0.0015 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.1145) against the same month in 2013 (average: 0.1047), the exchange rate shifted by +0.0098 (+9.40%).

2014 Avg (December) 0.1145

2013 Avg (December) 0.1047

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1125	0.1061	0.1092
February	0.1121	0.1082	0.1101
March	0.1115	0.1082	0.1100
April	0.1108	0.1083	0.1091
May	0.1115	0.1074	0.1092
June	0.1133	0.1100	0.1115
July	0.1123	0.1091	0.1108
August	0.1102	0.1079	0.1093
September	0.1146	0.1094	0.1126
October	0.1147	0.1099	0.1126
November	0.1141	0.1106	0.1121
December	0.1167	0.1108	0.1145