2014 ZAR to IRR Historical Review

YEARLY HIGH

2498.8468 IRR

YEARLY LOW

2201.7523 IRR

YEARLY AVERAGE

2382.7095 IRR

2014 ZAR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 28, valuing the pair at 2498.8468. Conversely, the yearly low was recorded on January 29, dropping to 2201.7523.

This high-to-low spread represents a total annual volatility of 297.0946 IRR. From a start-to-finish perspective, comparing the January average rate of 2281.5387 to the December average rate of 2340.2000, the exchange rate registered a net change of 2.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2498.8468 was down 2.22% compared to the 2013 peak of 2555.5569, 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 124,942,341 IRR

2013 Average 89,675,095 IRR

Yearly Trough Low 110,087,613 IRR

Transaction Impact: A difference of 14,854,727.80 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2492.9688

2244.5017

JanuMarcMayJulySeptNove

ZAR to IRR 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 2353.7110, compared to 2411.7081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 57.9971 points.

H1 Avg (Jan–Jun) 2353.7110

H2 Avg (Jul–Dec) 2411.7081

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 156.0206 IRR (High: 2357.7729 / Low: 2201.7523). On the other end, June was the most stable month, with a tight range of 52.7728 IRR (High: 2416.9280 / Low: 2364.1552).

January Spread (Volatile) ±156.0206

June Spread (Stable) ±52.7728

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 69.0174 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -69.0174

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 2472.2632) against the same month in 2013 (average: 2423.2694), the exchange rate shifted by +48.9938 (+2.02%).

2014 Avg (August) 2472.2632

2013 Avg (August) 2423.2694

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2357.7729	2201.7523	2281.5387
February	2318.7189	2208.2260	2265.2073
March	2395.5387	2289.3708	2325.8827
April	2434.0115	2374.4913	2400.3517
May	2474.7119	2420.8251	2451.1954
June	2416.9280	2364.1552	2398.0901
July	2470.9607	2386.6909	2422.7048
August	2498.8468	2443.5126	2472.2632
September	2489.1308	2361.1128	2421.2254
October	2453.3016	2345.7811	2404.6379
November	2441.8845	2367.5872	2409.2173
December	2434.4231	2298.5034	2340.2000