2014 ZAR to KMF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 ZAR to KMF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the ZAR to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 36.2448. Conversely, the yearly low was recorded on January 29, dropping to 31.9762.
This high-to-low spread represents a total annual volatility of 4.2686 KMF. From a start-to-finish perspective, comparing the January average rate of 33.2914 to the December average rate of 34.7934, the exchange rate registered a net change of 4.51% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 36.2448 was down 17.80% compared to the 2013 peak of 44.0933, 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 KMF 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 33.5742, compared to 34.8039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2297 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was December, with a trading range of 2.0688 KMF (High: 35.8720 / Low: 33.8032). On the other end, June was the most stable month, with a tight range of 0.6065 KMF (High: 34.1817 / Low: 33.5751).
Growth Streaks & Declines
TrendsBetween June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.7833 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2014: 35.5767) against the same month in 2013 (average: 35.7644), the exchange rate shifted by -0.1877 (-0.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 34.0060 | 31.9762 | 33.2914 |
| February | 33.5033 | 32.3804 | 32.8575 |
| March | 33.8825 | 32.6646 | 33.1210 |
| April | 34.2152 | 33.3410 | 33.8013 |
| May | 35.0190 | 33.6973 | 34.4440 |
| June | 34.1817 | 33.5751 | 33.9299 |
| July | 34.8361 | 33.5493 | 34.0838 |
| August | 34.9834 | 34.2118 | 34.6200 |
| September | 35.2581 | 34.3348 | 34.6991 |
| October | 35.8506 | 34.5724 | 35.0502 |
| November | 36.2448 | 35.1222 | 35.5767 |
| December | 35.8720 | 33.8032 | 34.7934 |