2014 SAR to ZAR Historical Review

YEARLY HIGH

3.1143 ZAR

YEARLY LOW

2.7488 ZAR

YEARLY AVERAGE

2.8916 ZAR

2014 SAR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SAR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 3.1143. Conversely, the yearly low was recorded on May 14, dropping to 2.7488.

This high-to-low spread represents a total annual volatility of 0.3655 ZAR. From a start-to-finish perspective, comparing the January average rate of 2.8934 to the December average rate of 3.0634, the exchange rate registered a net change of 5.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 3.1143 was up 10.80% compared to the 2013 peak of 2.8108, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,571 ZAR

2013 Average 12,863 ZAR

Yearly Trough Low 13,744 ZAR

Transaction Impact: A difference of 1,827.55 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

3.0923

2.7454

JanuMarcMayJulySeptNove

SAR 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 2.8521, compared to 2.9310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0790 points.

H1 Avg (Jan–Jun) 2.8521

H2 Avg (Jul–Dec) 2.9310

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.2018 ZAR (High: 3.0027 / Low: 2.8009). On the other end, August was the most stable month, with a tight range of 0.0513 ZAR (High: 2.8684 / Low: 2.8170).

January Spread (Volatile) ±0.2018

August Spread (Stable) ±0.0513

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0594 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0594

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 3.0634) against the same month in 2013 (average: 2.7632), the exchange rate shifted by +0.3001 (+10.86%).

2014 Avg (December) 3.0634

2013 Avg (December) 2.7632

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.0027	2.8009	2.8934
February	2.9976	2.8582	2.9246
March	2.9050	2.8120	2.8652
April	2.8437	2.7734	2.8120
May	2.8139	2.7488	2.7743
June	2.8835	2.8186	2.8430
July	2.8713	2.8031	2.8423
August	2.8684	2.8170	2.8425
September	3.0072	2.8456	2.9290
October	3.0269	2.8969	2.9539
November	3.0038	2.9179	2.9553
December	3.1143	2.9329	3.0634