2014 ZAR to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 ZAR to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the ZAR to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 5.5220. Conversely, the yearly low was recorded on December 15, dropping to 4.9517.
This high-to-low spread represents a total annual volatility of 0.5703 AFN. From a start-to-finish perspective, comparing the January average rate of 5.1859 to the December average rate of 5.0458, the exchange rate registered a net change of -2.70% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 5.5220 was down 9.04% compared to the 2013 peak of 6.0708, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
ZAR to AFN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.3158, compared to 5.2016 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1141 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was January, with a trading range of 0.3180 AFN (High: 5.3399 / Low: 5.0220). On the other end, June was the most stable month, with a tight range of 0.1199 AFN (High: 5.4391 / Low: 5.3192).
Growth Streaks & Declines
TrendsBetween 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 0.1593 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2014: 5.4640) against the same month in 2013 (average: 5.7633), the exchange rate shifted by -0.2993 (-5.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.3399 | 5.0220 | 5.1859 |
| February | 5.3072 | 5.0218 | 5.1730 |
| March | 5.4164 | 5.2166 | 5.3000 |
| April | 5.4626 | 5.3175 | 5.3872 |
| May | 5.5220 | 5.3666 | 5.4640 |
| June | 5.4391 | 5.3192 | 5.3845 |
| July | 5.3986 | 5.2155 | 5.3364 |
| August | 5.3613 | 5.2381 | 5.2816 |
| September | 5.2745 | 5.0496 | 5.1692 |
| October | 5.3124 | 5.0315 | 5.1719 |
| November | 5.2982 | 5.1020 | 5.2050 |
| December | 5.2541 | 4.9517 | 5.0458 |