2014 ZAR to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 ZAR to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the ZAR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 150.3774. Conversely, the yearly low was recorded on December 25, dropping to 133.7634.
This high-to-low spread represents a total annual volatility of 16.6140 BIF. From a start-to-finish perspective, comparing the January average rate of 142.7703 to the December average rate of 136.1553, the exchange rate registered a net change of -4.63% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 150.3774 was down 17.06% compared to the 2013 peak of 181.3159, 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 BIF 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 144.8771, compared to 141.5865 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.2906 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was January, with a trading range of 9.4097 BIF (High: 147.1494 / Low: 137.7398). On the other end, August was the most stable month, with a tight range of 2.6762 BIF (High: 146.6770 / Low: 144.0008).
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 4.7402 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2014: 148.7071) against the same month in 2013 (average: 168.6645), the exchange rate shifted by -19.9575 (-11.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 147.1494 | 137.7398 | 142.7703 |
| February | 145.1249 | 138.0940 | 141.4283 |
| March | 147.1607 | 142.6307 | 144.4710 |
| April | 148.8615 | 145.4516 | 146.8701 |
| May | 150.3774 | 146.8176 | 148.7071 |
| June | 146.9066 | 143.0341 | 145.0157 |
| July | 147.6764 | 143.0851 | 145.3116 |
| August | 146.6770 | 144.0008 | 145.3641 |
| September | 145.4852 | 137.3739 | 141.0507 |
| October | 144.0989 | 135.3276 | 140.7415 |
| November | 142.9419 | 138.0461 | 140.8955 |
| December | 142.2148 | 133.7634 | 136.1553 |