2014 ZAR to LSL Historical Review

YEARLY HIGH

1.0094 LSL

YEARLY LOW

0.9927 LSL

YEARLY AVERAGE

1.0001 LSL

2014 ZAR to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 1.0094. Conversely, the yearly low was recorded on January 29, dropping to 0.9927.

This high-to-low spread represents a total annual volatility of 0.0168 LSL. From a start-to-finish perspective, comparing the January average rate of 1.0005 to the December average rate of 1.0001, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.0094 was down 0.47% compared to the 2013 peak of 1.0142, 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 50,472 LSL

2013 Average 49,999 LSL

Yearly Trough Low 49,634 LSL

Transaction Impact: A difference of 838.56 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.0010

0.9993

JanuMarcMayJulySeptNove

ZAR to LSL 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 1.0003, compared to 1.0000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 1.0003

H2 Avg (Jul–Dec) 1.0000

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.0161 LSL (High: 1.0094 / Low: 0.9934). On the other end, September was the most stable month, with a tight range of 0.0058 LSL (High: 1.0019 / Low: 0.9961).

February Spread (Volatile) ±0.0161

September Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 1.0009) against the same month in 2013 (average: 1.0013), the exchange rate shifted by -0.0004 (-0.04%).

2014 Avg (February) 1.0009

2013 Avg (February) 1.0013

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0066	0.9927	1.0005
February	1.0094	0.9934	1.0009
March	1.0042	0.9938	0.9995
April	1.0033	0.9967	1.0003
May	1.0030	0.9941	1.0005
June	1.0042	0.9967	1.0000
July	1.0012	0.9940	0.9996
August	1.0023	0.9959	1.0002
September	1.0019	0.9961	0.9994
October	1.0047	0.9942	1.0002
November	1.0070	0.9943	1.0002
December	1.0025	0.9966	1.0001