2014 ZAR to CRC Historical Review

YEARLY HIGH

53.7048 CRC

YEARLY LOW

44.7996 CRC

YEARLY AVERAGE

49.5437 CRC

2014 ZAR to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 53.7048. Conversely, the yearly low was recorded on January 29, dropping to 44.7996.

This high-to-low spread represents a total annual volatility of 8.9053 CRC. From a start-to-finish perspective, comparing the January average rate of 46.2167 to the December average rate of 46.6375, the exchange rate registered a net change of 0.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 53.7048 was down 11.24% compared to the 2013 peak of 60.5086, 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 2,685,242 CRC

2013 Average 2,604,671 CRC

Yearly Trough Low 2,239,978 CRC

Transaction Impact: A difference of 445,264.26 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

53.8253

45.5251

JanuMarcMayJulySeptNove

ZAR to CRC 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 49.9876, compared to 49.0999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8877 points.

H1 Avg (Jan–Jun) 49.9876

H2 Avg (Jul–Dec) 49.0999

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 5.2286 CRC (High: 51.9582 / Low: 46.7296). On the other end, August was the most stable month, with a tight range of 0.6946 CRC (High: 51.1000 / Low: 50.4054).

March Spread (Volatile) ±5.2286

August Spread (Stable) ±0.6946

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.9406 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.9406

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 53.1336) against the same month in 2013 (average: 53.7288), the exchange rate shifted by -0.5952 (-1.11%).

2014 Avg (May) 53.1336

2013 Avg (May) 53.7288

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	47.6873	44.7996	46.2167
February	47.3405	45.5695	46.6221
March	51.9582	46.7296	50.1551
April	52.9117	51.4019	52.0060
May	53.7048	52.2356	53.1336
June	52.3604	51.2418	51.7920
July	51.2195	50.1370	50.6446
August	51.1000	50.4054	50.7565
September	50.7931	47.8311	49.2529
October	49.7304	47.6375	48.7298
November	49.0593	47.8605	48.5780
December	48.7694	45.7049	46.6375