2014 ZAR to LTL Historical Review

YEARLY HIGH

0.2542 LTL

YEARLY LOW

0.2244 LTL

YEARLY AVERAGE

0.2399 LTL

2014 ZAR to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.2542. Conversely, the yearly low was recorded on January 29, dropping to 0.2244.

This high-to-low spread represents a total annual volatility of 0.0298 LTL. From a start-to-finish perspective, comparing the January average rate of 0.2337 to the December average rate of 0.2440, the exchange rate registered a net change of 4.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2542 was down 17.88% compared to the 2013 peak of 0.3095, 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 12,709 LTL

2013 Average 13,528 LTL

Yearly Trough Low 11,220 LTL

Transaction Impact: A difference of 1,489.06 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2516

0.2286

JanuMarcMayJulySeptNove

ZAR to LTL 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 0.2356, compared to 0.2443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0087 points.

H1 Avg (Jan–Jun) 0.2356

H2 Avg (Jul–Dec) 0.2443

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0145 LTL (High: 0.2516 / Low: 0.2371). On the other end, June was the most stable month, with a tight range of 0.0040 LTL (High: 0.2396 / Low: 0.2357).

December Spread (Volatile) ±0.0145

June Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between 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 0.0056 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.2497) against the same month in 2013 (average: 0.2509), the exchange rate shifted by -0.0013 (-0.51%).

2014 Avg (November) 0.2497

2013 Avg (November) 0.2509

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2388	0.2244	0.2337
February	0.2349	0.2271	0.2305
March	0.2378	0.2297	0.2324
April	0.2399	0.2340	0.2371
May	0.2457	0.2363	0.2417
June	0.2396	0.2357	0.2381
July	0.2444	0.2354	0.2392
August	0.2465	0.2402	0.2432
September	0.2493	0.2407	0.2439
October	0.2514	0.2427	0.2459
November	0.2542	0.2463	0.2497
December	0.2516	0.2371	0.2440