2014 QAR to ZAR Historical Review

YEARLY HIGH

3.2098 ZAR

YEARLY LOW

2.8315 ZAR

YEARLY AVERAGE

2.9787 ZAR

2014 QAR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the QAR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 3.2098. Conversely, the yearly low was recorded on May 14, dropping to 2.8315.

This high-to-low spread represents a total annual volatility of 0.3783 ZAR. From a start-to-finish perspective, comparing the January average rate of 2.9800 to the December average rate of 3.1574, the exchange rate registered a net change of 5.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 3.2098 was up 10.93% compared to the 2013 peak of 2.8934, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,049 ZAR

2013 Average 13,249 ZAR

Yearly Trough Low 14,158 ZAR

Transaction Impact: A difference of 1,891.26 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

3.1874

2.8281

JanuMarcMayJulySeptNove

QAR 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 2.9378, compared to 3.0197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0819 points.

H1 Avg (Jan–Jun) 2.9378

H2 Avg (Jul–Dec) 3.0197

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.2081 ZAR (High: 3.0923 / Low: 2.8842). On the other end, August was the most stable month, with a tight range of 0.0527 ZAR (High: 2.9544 / Low: 2.9017).

January Spread (Volatile) ±0.2081

August Spread (Stable) ±0.0527

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 February and March, when the average rate fell by 0.0613 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0613

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 3.1574) against the same month in 2013 (average: 2.8462), the exchange rate shifted by +0.3112 (+10.94%).

2014 Avg (December) 3.1574

2013 Avg (December) 2.8462

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.0923	2.8842	2.9800
February	3.0852	2.9435	3.0122
March	2.9921	2.8963	2.9509
April	2.9291	2.8566	2.8965
May	2.8990	2.8315	2.8580
June	2.9704	2.9044	2.9289
July	2.9580	2.8873	2.9280
August	2.9544	2.9017	2.9278
September	3.0970	2.9309	3.0167
October	3.1184	2.9850	3.0430
November	3.0953	3.0063	3.0452
December	3.2098	3.0230	3.1574