2014 RSD to ZAR Historical Review

YEARLY HIGH

0.1328 ZAR

YEARLY LOW

0.1129 ZAR

YEARLY AVERAGE

0.1229 ZAR

2014 RSD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RSD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 0.1328. Conversely, the yearly low was recorded on November 23, dropping to 0.1129.

This high-to-low spread represents a total annual volatility of 0.0198 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1281 to the December average rate of 0.1165, the exchange rate registered a net change of -9.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1328 was up 5.05% compared to the 2013 peak of 0.1264, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 664 ZAR

2013 Average 567 ZAR

Yearly Trough Low 565 ZAR

Transaction Impact: A difference of 99.21 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1307

0.1139

JanuMarcMayJulySeptNove

RSD 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 0.1268, compared to 0.1190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.1268

H2 Avg (Jul–Dec) 0.1190

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0067 ZAR (High: 0.1328 / Low: 0.1261). On the other end, June was the most stable month, with a tight range of 0.0024 ZAR (High: 0.1269 / Low: 0.1246).

January Spread (Volatile) ±0.0067

June Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0032 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.1281) against the same month in 2013 (average: 0.1043), the exchange rate shifted by +0.0238 (+22.83%).

2014 Avg (January) 0.1281

2013 Avg (January) 0.1043

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1328	0.1261	0.1281
February	0.1312	0.1267	0.1293
March	0.1300	0.1260	0.1284
April	0.1275	0.1246	0.1261
May	0.1264	0.1215	0.1236
June	0.1269	0.1246	0.1255
July	0.1267	0.1212	0.1242
August	0.1231	0.1188	0.1209
September	0.1217	0.1164	0.1193
October	0.1197	0.1152	0.1177
November	0.1172	0.1129	0.1153
December	0.1190	0.1137	0.1165