YEARLY HIGH
0.5488 DKK
YEARLY LOW
0.4850 DKK
YEARLY AVERAGE
0.5180 DKK

2014 ZAR to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 0.5488. Conversely, the yearly low was recorded on January 29, dropping to 0.4850.

This high-to-low spread represents a total annual volatility of 0.0637 DKK. From a start-to-finish perspective, comparing the January average rate of 0.5049 to the December average rate of 0.5258, the exchange rate registered a net change of 4.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.5488 was down 17.95% compared to the 2013 peak of 0.6688, 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 27,438 DKK
2013 Average 29,219 DKK
Yearly Trough Low 24,251 DKK
Transaction Impact: A difference of 3,187.12 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.5421
0.4942
JanuMarcMayJulySeptNove

ZAR to DKK 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 0.5091, compared to 0.5270 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0178 points.

H1 Avg (Jan–Jun) 0.5091
H2 Avg (Jul–Dec) 0.5270

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0311 DKK (High: 0.5161 / Low: 0.4850). On the other end, June was the most stable month, with a tight range of 0.0091 DKK (High: 0.5180 / Low: 0.5089).

January Spread (Volatile) ±0.0311
June Spread (Stable) ±0.0091

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0123 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.5381) against the same month in 2013 (average: 0.5419), the exchange rate shifted by -0.0039 (-0.71%).

2014 Avg (November) 0.5381
2013 Avg (November) 0.5419

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5161 0.4850 0.5049
February 0.5077 0.4910 0.4982
March 0.5141 0.4967 0.5025
April 0.5188 0.5058 0.5127
May 0.5310 0.5110 0.5224
June 0.5180 0.5089 0.5143
July 0.5279 0.5083 0.5165
August 0.5319 0.5186 0.5251
September 0.5375 0.5192 0.5259
October 0.5421 0.5232 0.5303
November 0.5488 0.5304 0.5381
December 0.5422 0.5111 0.5258