2014 ZAR to CNY Historical Review

YEARLY HIGH

0.6034 CNY

YEARLY LOW

0.5285 CNY

YEARLY AVERAGE

0.5683 CNY

2014 ZAR to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 0.6034. Conversely, the yearly low was recorded on December 15, dropping to 0.5285.

This high-to-low spread represents a total annual volatility of 0.0750 CNY. From a start-to-finish perspective, comparing the January average rate of 0.5595 to the December average rate of 0.5377, the exchange rate registered a net change of -3.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6034 was down 18.30% compared to the 2013 peak of 0.7386, 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 30,172 CNY

2013 Average 32,039 CNY

Yearly Trough Low 26,424 CNY

Transaction Impact: A difference of 3,748.21 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.6043

0.5316

JanuMarcMayJulySeptNove

ZAR to CNY 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 0.5765, compared to 0.5602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0163 points.

H1 Avg (Jan–Jun) 0.5765

H2 Avg (Jul–Dec) 0.5602

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0381 CNY (High: 0.5775 / Low: 0.5394). On the other end, August was the most stable month, with a tight range of 0.0096 CNY (High: 0.5824 / Low: 0.5728).

January Spread (Volatile) ±0.0381

August Spread (Stable) ±0.0096

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 August and September, when the average rate fell by 0.0183 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0183

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.5982) against the same month in 2013 (average: 0.6608), the exchange rate shifted by -0.0625 (-9.46%).

2014 Avg (May) 0.5982

2013 Avg (May) 0.6608

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5775	0.5394	0.5595
February	0.5718	0.5407	0.5548
March	0.5885	0.5653	0.5740
April	0.5955	0.5831	0.5893
May	0.6034	0.5905	0.5982
June	0.5894	0.5743	0.5830
July	0.5884	0.5757	0.5811
August	0.5824	0.5728	0.5775
September	0.5759	0.5444	0.5592
October	0.5629	0.5408	0.5531
November	0.5599	0.5434	0.5528
December	0.5585	0.5285	0.5377