2014 ZAR to JPY Historical Review

YEARLY HIGH

10.7611 JPY

YEARLY LOW

9.0068 JPY

YEARLY AVERAGE

9.7587 JPY

2014 ZAR to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 10.7611. Conversely, the yearly low was recorded on February 3, dropping to 9.0068.

This high-to-low spread represents a total annual volatility of 1.7543 JPY. From a start-to-finish perspective, comparing the January average rate of 9.5806 to the December average rate of 10.3994, the exchange rate registered a net change of 8.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 10.7611 was down 3.82% compared to the 2013 peak of 11.1882, 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 538,056 JPY

2013 Average 506,970 JPY

Yearly Trough Low 450,340 JPY

Transaction Impact: A difference of 87,715.79 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

10.5963

9.1969

JanuMarcMayJulySeptNove

ZAR to JPY 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 9.5819, compared to 9.9356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3537 points.

H1 Avg (Jan–Jun) 9.5819

H2 Avg (Jul–Dec) 9.9356

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.9410 JPY (High: 10.0250 / Low: 9.0840). On the other end, September was the most stable month, with a tight range of 0.1290 JPY (High: 9.8411 / Low: 9.7121).

January Spread (Volatile) ±0.9410

September Spread (Stable) ±0.1290

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 January and February, when the average rate fell by 0.2671 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2671

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 10.4797) against the same month in 2013 (average: 9.8140), the exchange rate shifted by +0.6656 (+6.78%).

2014 Avg (November) 10.4797

2013 Avg (November) 9.8140

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.0250	9.0840	9.5806
February	9.5339	9.0068	9.3136
March	9.7798	9.3405	9.5231
April	9.8190	9.5808	9.7165
May	9.8982	9.6414	9.7884
June	9.6948	9.4408	9.5694
July	9.6847	9.4312	9.5445
August	9.7781	9.4949	9.6607
September	9.8411	9.7121	9.7782
October	10.1363	9.5825	9.7510
November	10.7611	10.1709	10.4797
December	10.7539	10.0283	10.3994