YEARLY HIGH
17.7343 KZT
YEARLY LOW
13.8066 KZT
YEARLY AVERAGE
16.4972 KZT

2014 ZAR to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 17.7343. Conversely, the yearly low was recorded on January 29, dropping to 13.8066.

This high-to-low spread represents a total annual volatility of 3.9277 KZT. From a start-to-finish perspective, comparing the January average rate of 14.2850 to the December average rate of 15.8617, the exchange rate registered a net change of 11.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 17.7343 was down 0.22% compared to the 2013 peak of 17.7730, 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 886,715 KZT
2013 Average 791,014 KZT
Yearly Trough Low 690,331 KZT
Transaction Impact: A difference of 196,383.26 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

17.8696
13.9591
JanuMarcMayJulySeptNove

ZAR to KZT 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 16.4187, compared to 16.5757 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1570 points.

H1 Avg (Jan–Jun) 16.4187
H2 Avg (Jul–Dec) 16.5757

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 3.3559 KZT (High: 17.2014 / Low: 13.8455). On the other end, August was the most stable month, with a tight range of 0.2974 KZT (High: 17.2260 / Low: 16.9285).

February Spread (Volatile) ±3.3559
August Spread (Stable) ±0.2974

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.5054 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 17.5437) against the same month in 2013 (average: 16.2272), the exchange rate shifted by +1.3165 (+8.11%).

2014 Avg (May) 17.5437
2013 Avg (May) 16.2272

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.6950 13.8066 14.2850
February 17.2014 13.8455 15.2216
March 17.2664 16.7316 16.9837
April 17.4867 17.0710 17.2689
May 17.7343 17.2916 17.5437
June 17.3763 16.9733 17.2091
July 17.4720 17.0403 17.2210
August 17.2260 16.9285 17.0845
September 17.0813 16.1168 16.5791
October 16.6317 16.0879 16.3829
November 16.5439 16.0312 16.3248
December 16.4970 15.6606 15.8617