YEARLY HIGH
10.7569 JMD
YEARLY LOW
9.4997 JMD
YEARLY AVERAGE
10.2300 JMD

2014 ZAR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 10.7569. Conversely, the yearly low was recorded on January 29, dropping to 9.4997.

This high-to-low spread represents a total annual volatility of 1.2571 JMD. From a start-to-finish perspective, comparing the January average rate of 9.8067 to the December average rate of 9.9126, the exchange rate registered a net change of 1.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 10.7569 was down 3.39% compared to the 2013 peak of 11.1339, 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 537,843 JMD
2013 Average 517,850 JMD
Yearly Trough Low 474,987 JMD
Transaction Impact: A difference of 62,855.93 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

10.7023
9.7215
JanuMarcMayJulySeptNove

ZAR to JMD 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 10.1956, compared to 10.2643 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0688 points.

H1 Avg (Jan–Jun) 10.1956
H2 Avg (Jul–Dec) 10.2643

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.5966 JMD (High: 10.0963 / Low: 9.4997). On the other end, August was the most stable month, with a tight range of 0.1923 JMD (High: 10.6525 / Low: 10.4602).

January Spread (Volatile) ±0.5966
August Spread (Stable) ±0.1923

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 August and September, when the average rate fell by 0.3035 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 10.6206) against the same month in 2013 (average: 10.5882), the exchange rate shifted by +0.0323 (+0.31%).

2014 Avg (May) 10.6206
2013 Avg (May) 10.5882

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.0963 9.4997 9.8067
February 10.0590 9.5394 9.8032
March 10.3618 9.9451 10.1186
April 10.5047 10.2812 10.3892
May 10.7569 10.4366 10.6206
June 10.5383 10.2946 10.4353
July 10.7112 10.4154 10.5381
August 10.6525 10.4602 10.5571
September 10.5628 9.9663 10.2536
October 10.3465 9.9439 10.1486
November 10.3299 9.9754 10.1759
December 10.2976 9.7410 9.9126