2014 TJS to SZL Historical Review

YEARLY HIGH

2.3438 SZL

YEARLY LOW

2.1050 SZL

YEARLY AVERAGE

2.2010 SZL

2014 TJS to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TJS to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 2.3438. Conversely, the yearly low was recorded on May 13, dropping to 2.1050.

This high-to-low spread represents a total annual volatility of 0.2388 SZL. From a start-to-finish perspective, comparing the January average rate of 2.2730 to the December average rate of 2.2340, the exchange rate registered a net change of -1.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.3438 was up 6.44% compared to the 2013 peak of 2.2019, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,719 SZL

2013 Average 10,126 SZL

Yearly Trough Low 10,525 SZL

Transaction Impact: A difference of 1,194.11 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.3038

2.1054

JanuMarcMayJulySeptNove

TJS to SZL 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 2.2115, compared to 2.1906 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0209 points.

H1 Avg (Jan–Jun) 2.2115

H2 Avg (Jul–Dec) 2.1906

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.1394 SZL (High: 2.3434 / Low: 2.2040). On the other end, August was the most stable month, with a tight range of 0.0397 SZL (High: 2.1588 / Low: 2.1191).

January Spread (Volatile) ±0.1394

August Spread (Stable) ±0.0397

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0606 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0606

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 2.2873) against the same month in 2013 (average: 1.8689), the exchange rate shifted by +0.4183 (+22.38%).

2014 Avg (February) 2.2873

2013 Avg (February) 1.8689

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3434	2.2040	2.2730
February	2.3438	2.2332	2.2873
March	2.2669	2.1983	2.2359
April	2.2104	2.1585	2.1826
May	2.1534	2.1050	2.1220
June	2.1925	2.1429	2.1683
July	2.1821	2.1201	2.1560
August	2.1588	2.1191	2.1431
September	2.2579	2.1460	2.2025
October	2.2694	2.1817	2.2185
November	2.2342	2.1513	2.1894
December	2.2714	2.1705	2.2340