2014 ZAR to HUF Historical Review

YEARLY HIGH

22.6434 HUF

YEARLY LOW

20.0392 HUF

YEARLY AVERAGE

21.4486 HUF

2014 ZAR to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 22.6434. Conversely, the yearly low was recorded on January 29, dropping to 20.0392.

This high-to-low spread represents a total annual volatility of 2.6042 HUF. From a start-to-finish perspective, comparing the January average rate of 20.4062 to the December average rate of 22.0026, the exchange rate registered a net change of 7.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 22.6434 was down 13.21% compared to the 2013 peak of 26.0888, 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 1,132,170 HUF

2013 Average 1,162,917 HUF

Yearly Trough Low 1,001,960 HUF

Transaction Impact: A difference of 130,210.13 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

22.3715

20.2276

JanuMarcMayJulySeptNove

ZAR to HUF 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 20.9300, compared to 21.9672 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0371 points.

H1 Avg (Jan–Jun) 20.9300

H2 Avg (Jul–Dec) 21.9672

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 1.3758 HUF (High: 22.6113 / Low: 21.2355). On the other end, April was the most stable month, with a tight range of 0.2366 HUF (High: 21.2455 / Low: 21.0089).

December Spread (Volatile) ±1.3758

April Spread (Stable) ±0.2366

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.2170 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2170

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 22.1281) against the same month in 2013 (average: 22.4697), the exchange rate shifted by -0.3416 (-1.52%).

2014 Avg (September) 22.1281

2013 Avg (September) 22.4697

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.7041	20.0392	20.4062
February	21.0814	20.3894	20.6946
March	21.3148	20.7367	20.9731
April	21.2455	21.0089	21.0966
May	21.5167	20.9698	21.3124
June	21.4172	20.7965	21.0971
July	21.8957	21.1855	21.4622
August	22.4978	21.8229	22.1061
September	22.6434	21.6947	22.1281
October	22.4398	21.6173	21.9111
November	22.4440	21.8751	22.1928
December	22.6113	21.2355	22.0026