2014 ZAR to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 ZAR to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the ZAR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 114.2856. Conversely, the yearly low was recorded on December 25, dropping to 99.8716.
This high-to-low spread represents a total annual volatility of 14.4140 IQD. From a start-to-finish perspective, comparing the January average rate of 107.5078 to the December average rate of 102.2810, the exchange rate registered a net change of -4.86% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 114.2856 was down 16.93% compared to the 2013 peak of 137.5712, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
ZAR to IQD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 109.3634, compared to 107.0037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3597 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was December, with a trading range of 7.1315 IQD (High: 107.0031 / Low: 99.8716). On the other end, August was the most stable month, with a tight range of 2.4526 IQD (High: 111.4171 / Low: 108.9645).
Growth Streaks & Declines
TrendsBetween 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 3.9644 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2014: 112.8301) against the same month in 2013 (average: 124.4712), the exchange rate shifted by -11.6411 (-9.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 110.7768 | 103.7919 | 107.5078 |
| February | 108.6099 | 104.2758 | 106.3248 |
| March | 112.7490 | 106.8143 | 108.6535 |
| April | 111.9989 | 109.1720 | 110.5115 |
| May | 114.2856 | 110.6089 | 112.8301 |
| June | 111.4082 | 108.3246 | 110.3528 |
| July | 112.1154 | 108.5432 | 110.2715 |
| August | 111.4171 | 108.9645 | 110.2424 |
| September | 110.3562 | 104.3464 | 106.9138 |
| October | 107.7407 | 103.8551 | 106.0682 |
| November | 107.8640 | 104.3884 | 106.2454 |
| December | 107.0031 | 99.8716 | 102.2810 |