2014 SZL to CDF Historical Review

YEARLY HIGH

89.4127 CDF

YEARLY LOW

79.1746 CDF

YEARLY AVERAGE

85.1905 CDF

2014 SZL to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SZL to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 89.4127. Conversely, the yearly low was recorded on December 15, dropping to 79.1746.

This high-to-low spread represents a total annual volatility of 10.2381 CDF. From a start-to-finish perspective, comparing the January average rate of 85.1768 to the December average rate of 80.5276, the exchange rate registered a net change of -5.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 89.4127 was down 17.89% compared to the 2013 peak of 108.8967, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 447,063 CDF

2013 Average 479,597 CDF

Yearly Trough Low 395,873 CDF

Transaction Impact: A difference of 51,190.40 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

89.3879

79.7221

JanuMarcMayJulySeptNove

SZL to CDF 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 86.2689, compared to 84.1121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1568 points.

H1 Avg (Jan–Jun) 86.2689

H2 Avg (Jul–Dec) 84.1121

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 5.2772 CDF (High: 87.6146 / Low: 82.3373). On the other end, August was the most stable month, with a tight range of 1.6066 CDF (High: 87.4699 / Low: 85.8633).

January Spread (Volatile) ±5.2772

August Spread (Stable) ±1.6066

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.9704 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.9704

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 88.5824) against the same month in 2013 (average: 98.8816), the exchange rate shifted by -10.2992 (-10.42%).

2014 Avg (May) 88.5824

2013 Avg (May) 98.8816

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	87.6146	82.3373	85.1768
February	85.9571	82.2517	83.9966
March	87.3594	84.6861	85.8969
April	88.5988	86.5220	87.4412
May	89.4127	87.5480	88.5824
June	87.3951	85.5641	86.5196
July	87.8194	85.7146	86.5442
August	87.4699	85.8633	86.5371
September	86.5861	81.9963	84.1498
October	84.9474	81.6040	83.4160
November	84.6121	82.1793	83.4980
December	83.9779	79.1746	80.5276