2014 ZAR to CDF Historical Review

YEARLY HIGH

89.5037 CDF

YEARLY LOW

79.1701 CDF

YEARLY AVERAGE

85.2142 CDF

2014 ZAR to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 89.5037. Conversely, the yearly low was recorded on December 15, dropping to 79.1701.

This high-to-low spread represents a total annual volatility of 10.3336 CDF. From a start-to-finish perspective, comparing the January average rate of 85.1983 to the December average rate of 80.5668, the exchange rate registered a net change of -5.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 89.5037 was down 17.90% compared to the 2013 peak of 109.0163, 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 4,475,187 CDF

2013 Average 4,796,419 CDF

Yearly Trough Low 3,958,507 CDF

Transaction Impact: A difference of 516,680.17 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

89.4377

79.7603

JanuMarcMayJulySeptNove

ZAR 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 86.3047, compared to 84.1236 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1811 points.

H1 Avg (Jan–Jun) 86.3047

H2 Avg (Jul–Dec) 84.1236

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 5.8001 CDF (High: 87.7743 / Low: 81.9742). On the other end, August was the most stable month, with a tight range of 1.6975 CDF (High: 87.4651 / Low: 85.7675).

January Spread (Volatile) ±5.8001

August Spread (Stable) ±1.6975

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 2.8980 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.8980

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 88.6312) against the same month in 2013 (average: 98.8756), the exchange rate shifted by -10.2443 (-10.36%).

2014 Avg (May) 88.6312

2013 Avg (May) 98.8756

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	87.7743	81.9742	85.1983
February	86.0876	82.1422	84.1049
March	87.4731	84.7622	85.8651
April	88.6033	86.4636	87.4873
May	89.5037	87.5116	88.6312
June	87.1314	85.3540	86.5413
July	87.7623	85.7851	86.5739
August	87.4651	85.7675	86.5856
September	86.5647	82.0300	84.1122
October	85.1571	81.5123	83.4386
November	84.6246	82.0897	83.4648
December	84.0936	79.1701	80.5668