2014 ZAR to EUR Historical Review

YEARLY HIGH

0.0738 EUR

YEARLY LOW

0.0650 EUR

YEARLY AVERAGE

0.0695 EUR

2014 ZAR to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 0.0738. Conversely, the yearly low was recorded on January 29, dropping to 0.0650.

This high-to-low spread represents a total annual volatility of 0.0088 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0677 to the December average rate of 0.0707, the exchange rate registered a net change of 4.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0738 was down 17.57% compared to the 2013 peak of 0.0895, 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 3,689 EUR

2013 Average 3,918 EUR

Yearly Trough Low 3,250 EUR

Transaction Impact: A difference of 439.50 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0729

0.0662

JanuMarcMayJulySeptNove

ZAR to EUR 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 0.0682, compared to 0.0708 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0682

H2 Avg (Jul–Dec) 0.0708

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0042 EUR (High: 0.0728 / Low: 0.0686). On the other end, June was the most stable month, with a tight range of 0.0012 EUR (High: 0.0694 / Low: 0.0683).

December Spread (Volatile) ±0.0042

June Spread (Stable) ±0.0012

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 0.0016 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.0723) against the same month in 2013 (average: 0.0727), the exchange rate shifted by -0.0003 (-0.47%).

2014 Avg (November) 0.0723

2013 Avg (November) 0.0727

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0692	0.0650	0.0677
February	0.0680	0.0658	0.0667
March	0.0688	0.0666	0.0673
April	0.0694	0.0678	0.0687
May	0.0712	0.0684	0.0700
June	0.0694	0.0683	0.0689
July	0.0708	0.0682	0.0693
August	0.0714	0.0696	0.0705
September	0.0722	0.0697	0.0707
October	0.0730	0.0703	0.0712
November	0.0738	0.0713	0.0723
December	0.0728	0.0686	0.0707