2014 ZAR to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
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.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |