YEARLY HIGH
1158.9331 IDR
YEARLY LOW
1043.7677 IDR
YEARLY AVERAGE
1094.1095 IDR

2014 ZAR to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1158.9331. Conversely, the yearly low was recorded on March 19, dropping to 1043.7677.

This high-to-low spread represents a total annual volatility of 115.1653 IDR. From a start-to-finish perspective, comparing the January average rate of 1116.7669 to the December average rate of 1082.3659, the exchange rate registered a net change of -3.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1158.9331 was down 2.04% compared to the 2013 peak of 1183.0527, 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 57,946,653 IDR
2013 Average 54,078,532 IDR
Yearly Trough Low 52,188,385 IDR
Transaction Impact: A difference of 5,758,267.19 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1122.0664
1058.4716
JanuMarcMayJulySeptNove

ZAR to IDR 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 1095.7676, compared to 1092.4515 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.3161 points.

H1 Avg (Jan–Jun) 1095.7676
H2 Avg (Jul–Dec) 1092.4515

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 79.2572 IDR (High: 1158.9331 / Low: 1079.6758). On the other end, August was the most stable month, with a tight range of 16.0580 IDR (High: 1106.0805 / Low: 1090.0225).

January Spread (Volatile) ±79.2572
August Spread (Stable) ±16.0580

Growth Streaks & Declines

Trends

Between March and June, 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 January and February, when the average rate fell by 30.4238 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -30.4238

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 1116.7669) against the same month in 2013 (average: 1100.6953), the exchange rate shifted by +16.0716 (+1.46%).

2014 Avg (January) 1116.7669
2013 Avg (January) 1100.6953

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1158.9331 1079.6758 1116.7669
February 1100.9097 1069.8575 1086.3431
March 1082.6418 1043.7677 1063.7712
April 1097.6435 1064.2036 1083.9643
May 1124.1497 1094.0859 1108.3293
June 1139.7238 1097.2393 1115.4306
July 1116.1824 1081.5435 1094.9140
August 1106.0805 1090.0225 1099.5341
September 1101.4699 1070.0807 1083.7980
October 1118.4522 1072.7143 1096.5823
November 1110.9014 1079.4922 1097.5147
December 1112.6403 1068.3412 1082.3659