2014 NZD to ZAR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 NZD to ZAR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the NZD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 9.4458. Conversely, the yearly low was recorded on October 30, dropping to 8.5190.
This high-to-low spread represents a total annual volatility of 0.9267 ZAR. From a start-to-finish perspective, comparing the January average rate of 8.9717 to the December average rate of 8.9229, the exchange rate registered a net change of -0.54% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 9.4458 was up 9.66% compared to the 2013 peak of 8.6135, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
NZD to ZAR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 9.0759, compared to 8.9173 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1586 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was January, with a trading range of 0.6331 ZAR (High: 9.2501 / Low: 8.6170). On the other end, April was the most stable month, with a tight range of 0.1532 ZAR (High: 9.1510 / Low: 8.9978).
Growth Streaks & Declines
TrendsBetween January and March, 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 0.2687 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2014: 9.2607) against the same month in 2013 (average: 7.8278), the exchange rate shifted by +1.4329 (+18.31%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.2501 | 8.6170 | 8.9717 |
| February | 9.1886 | 8.9646 | 9.0863 |
| March | 9.3006 | 9.0077 | 9.1616 |
| April | 9.1510 | 8.9978 | 9.0805 |
| May | 9.1433 | 8.8140 | 8.9509 |
| June | 9.3714 | 8.9810 | 9.2046 |
| July | 9.4458 | 8.9934 | 9.2607 |
| August | 9.1064 | 8.8993 | 8.9920 |
| September | 9.0472 | 8.7541 | 8.9331 |
| October | 8.8488 | 8.5190 | 8.7090 |
| November | 8.8290 | 8.5546 | 8.6860 |
| December | 9.0761 | 8.6637 | 8.9229 |