2014 SCR to ZAR Historical Review

YEARLY HIGH

0.9305 ZAR

YEARLY LOW

0.7652 ZAR

YEARLY AVERAGE

0.8546 ZAR

2014 SCR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SCR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 0.9305. Conversely, the yearly low was recorded on October 30, dropping to 0.7652.

This high-to-low spread represents a total annual volatility of 0.1653 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.8990 to the December average rate of 0.8223, the exchange rate registered a net change of -8.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.9305 was up 6.63% compared to the 2013 peak of 0.8727, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,653 ZAR

2013 Average 3,999 ZAR

Yearly Trough Low 3,826 ZAR

Transaction Impact: A difference of 826.56 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.9162

0.7694

JanuMarcMayJulySeptNove

SCR 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 0.8806, compared to 0.8286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0520 points.

H1 Avg (Jan–Jun) 0.8806

H2 Avg (Jul–Dec) 0.8286

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0959 ZAR (High: 0.8611 / Low: 0.7652). On the other end, July was the most stable month, with a tight range of 0.0235 ZAR (High: 0.8773 / Low: 0.8539).

October Spread (Volatile) ±0.0959

July Spread (Stable) ±0.0235

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 October and November, when the average rate fell by 0.0320 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0320

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.8990) against the same month in 2013 (average: 0.6743), the exchange rate shifted by +0.2247 (+33.33%).

2014 Avg (January) 0.8990

2013 Avg (January) 0.6743

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9305	0.8702	0.8990
February	0.9251	0.8877	0.9039
March	0.8977	0.8712	0.8853
April	0.8942	0.8589	0.8732
May	0.8779	0.8248	0.8530
June	0.8844	0.8582	0.8693
July	0.8773	0.8539	0.8663
August	0.8748	0.8203	0.8480
September	0.8576	0.8204	0.8399
October	0.8611	0.7652	0.8136
November	0.7950	0.7705	0.7816
December	0.8693	0.7774	0.8223