2014 ZAR to GNF Historical Review

YEARLY HIGH

683.9904 GNF

YEARLY LOW

605.0328 GNF

YEARLY AVERAGE

646.8195 GNF

2014 ZAR to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 683.9904. Conversely, the yearly low was recorded on December 22, dropping to 605.0328.

This high-to-low spread represents a total annual volatility of 78.9576 GNF. From a start-to-finish perspective, comparing the January average rate of 643.8503 to the December average rate of 613.7344, the exchange rate registered a net change of -4.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 683.9904 was down 18.00% compared to the 2013 peak of 834.1382, 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 34,199,518 GNF

2013 Average 36,521,403 GNF

Yearly Trough Low 30,251,640 GNF

Transaction Impact: A difference of 3,947,877.96 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

677.5809

607.9301

JanuMarcMayJulySeptNove

ZAR to GNF 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 653.9716, compared to 639.6674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.3042 points.

H1 Avg (Jan–Jun) 653.9716

H2 Avg (Jul–Dec) 639.6674

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 41.3601 GNF (High: 664.9768 / Low: 623.6167). On the other end, August was the most stable month, with a tight range of 17.4421 GNF (High: 663.1485 / Low: 645.7064).

January Spread (Volatile) ±41.3601

August Spread (Stable) ±17.4421

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 November and December, when the average rate fell by 21.7355 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -21.7355

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 671.7766) against the same month in 2013 (average: 759.2060), the exchange rate shifted by -87.4294 (-11.52%).

2014 Avg (May) 671.7766

2013 Avg (May) 759.2060

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	664.9768	623.6167	643.8503
February	655.1245	626.5700	639.2437
March	663.5637	640.7467	652.4573
April	671.1891	652.6249	662.2950
May	683.9904	661.3748	671.7766
June	662.5587	643.8141	654.2068
July	670.0763	649.2619	659.1909
August	663.1485	645.7064	655.6711
September	657.6000	624.3899	638.1834
October	649.3467	622.7948	635.7546
November	644.2212	622.6583	635.4699
December	640.1927	605.0328	613.7344