2013 ZAR to CVE Historical Review

YEARLY HIGH

9.8295 CVE

YEARLY LOW

7.5818 CVE

YEARLY AVERAGE

8.6322 CVE

2013 ZAR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ZAR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 9.8295. Conversely, the yearly low was recorded on December 29, dropping to 7.5818.

This high-to-low spread represents a total annual volatility of 2.2477 CVE. From a start-to-finish perspective, comparing the January average rate of 9.4632 to the December average rate of 7.7491, the exchange rate registered a net change of -18.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 9.8295 was down 12.11% compared to the 2012 peak of 11.1843, 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 491,474 CVE

2012 Average 524,445 CVE

Yearly Trough Low 379,090 CVE

Transaction Impact: A difference of 112,384.53 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

9.6347

7.5777

JanuMarcMayJulySeptNove

ZAR to CVE 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 9.1349, compared to 8.1294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0054 points.

H1 Avg (Jan–Jun) 9.1349

H2 Avg (Jul–Dec) 8.1294

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.9827 CVE (High: 9.4608 / Low: 8.4781). On the other end, October was the most stable month, with a tight range of 0.1813 CVE (High: 8.2045 / Low: 8.0232).

May Spread (Volatile) ±0.9827

October Spread (Stable) ±0.1813

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.7654 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.7654

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 9.4632) against the same month in 2012 (average: 10.6832), the exchange rate shifted by -1.2199 (-11.42%).

2013 Avg (January) 9.4632

2012 Avg (January) 10.6832

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.8295	9.0334	9.4632
February	9.4730	9.1008	9.2964
March	9.3603	9.1467	9.2658
April	9.4902	9.1122	9.3163
May	9.4608	8.4781	9.1164
June	8.5937	8.1617	8.3510
July	8.5981	8.3532	8.4975
August	8.4547	7.8800	8.2085
September	8.4051	8.0276	8.2073
October	8.2045	8.0232	8.1260
November	8.0717	7.8823	7.9883
December	7.9495	7.5818	7.7491