2014 ZAR to HKD Historical Review

YEARLY HIGH

0.7520 HKD

YEARLY LOW

0.6633 HKD

YEARLY AVERAGE

0.7155 HKD

2014 ZAR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 0.7520. Conversely, the yearly low was recorded on December 15, dropping to 0.6633.

This high-to-low spread represents a total annual volatility of 0.0887 HKD. From a start-to-finish perspective, comparing the January average rate of 0.7150 to the December average rate of 0.6746, the exchange rate registered a net change of -5.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.7520 was down 17.90% compared to the 2013 peak of 0.9159, 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 37,598 HKD

2013 Average 40,332 HKD

Yearly Trough Low 33,164 HKD

Transaction Impact: A difference of 4,434.27 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.7522

0.6676

JanuMarcMayJulySeptNove

ZAR to HKD 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 0.7254, compared to 0.7057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0197 points.

H1 Avg (Jan–Jun) 0.7254

H2 Avg (Jul–Dec) 0.7057

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0488 HKD (High: 0.7383 / Low: 0.6895). On the other end, August was the most stable month, with a tight range of 0.0131 HKD (High: 0.7336 / Low: 0.7205).

January Spread (Volatile) ±0.0488

August Spread (Stable) ±0.0131

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 0.0247 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0247

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.7451) against the same month in 2013 (average: 0.8334), the exchange rate shifted by -0.0883 (-10.59%).

2014 Avg (May) 0.7451

2013 Avg (May) 0.8334

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7383	0.6895	0.7150
February	0.7241	0.6907	0.7074
March	0.7355	0.7121	0.7223
April	0.7455	0.7270	0.7353
May	0.7520	0.7346	0.7451
June	0.7333	0.7167	0.7270
July	0.7372	0.7197	0.7271
August	0.7336	0.7205	0.7270
September	0.7262	0.6883	0.7059
October	0.7137	0.6834	0.7001
November	0.7086	0.6880	0.6993
December	0.7045	0.6633	0.6746