2014 ZAR to ALL Historical Review

YEARLY HIGH

10.3168 ALL

YEARLY LOW

9.1536 ALL

YEARLY AVERAGE

9.7274 ALL

2014 ZAR to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 10.3168. Conversely, the yearly low was recorded on January 29, dropping to 9.1536.

This high-to-low spread represents a total annual volatility of 1.1632 ALL. From a start-to-finish perspective, comparing the January average rate of 9.5141 to the December average rate of 9.9000, the exchange rate registered a net change of 4.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 10.3168 was down 17.83% compared to the 2013 peak of 12.5554, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 515,840 ALL

2013 Average 549,698 ALL

Yearly Trough Low 457,678 ALL

Transaction Impact: A difference of 58,162.01 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

10.1679

9.3056

JanuMarcMayJulySeptNove

ZAR to ALL 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 9.5692, compared to 9.8856 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3165 points.

H1 Avg (Jan–Jun) 9.5692

H2 Avg (Jul–Dec) 9.8856

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.5898 ALL (High: 10.2149 / Low: 9.6251). On the other end, June was the most stable month, with a tight range of 0.1624 ALL (High: 9.7238 / Low: 9.5614).

December Spread (Volatile) ±0.5898

June Spread (Stable) ±0.1624

Growth Streaks & Declines

Trends

Between June and November, 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 November and December, when the average rate fell by 0.1960 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1960

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 10.0960) against the same month in 2013 (average: 10.1913), the exchange rate shifted by -0.0953 (-0.93%).

2014 Avg (November) 10.0960

2013 Avg (November) 10.1913

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.7179	9.1536	9.5141
February	9.5385	9.2308	9.3774
March	9.6530	9.3336	9.4475
April	9.7357	9.4859	9.6140
May	9.9610	9.5915	9.8007
June	9.7238	9.5614	9.6614
July	9.8744	9.5641	9.6942
August	9.9494	9.6761	9.8089
September	10.0855	9.7734	9.8868
October	10.1096	9.8145	9.9279
November	10.3168	9.9270	10.0960
December	10.2149	9.6251	9.9000