2014 ZAR to MDL Historical Review

YEARLY HIGH

1.3793 MDL

YEARLY LOW

1.1871 MDL

YEARLY AVERAGE

1.2916 MDL

2014 ZAR to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 1.3793. Conversely, the yearly low was recorded on January 29, dropping to 1.1871.

This high-to-low spread represents a total annual volatility of 0.1922 MDL. From a start-to-finish perspective, comparing the January average rate of 1.2147 to the December average rate of 1.3419, the exchange rate registered a net change of 10.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.3793 was down 3.58% compared to the 2013 peak of 1.4305, 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 68,966 MDL

2013 Average 65,115 MDL

Yearly Trough Low 59,357 MDL

Transaction Impact: A difference of 9,608.47 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.3617

1.2013

JanuMarcMayJulySeptNove

ZAR to MDL 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 1.2628, compared to 1.3205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0576 points.

H1 Avg (Jan–Jun) 1.2628

H2 Avg (Jul–Dec) 1.3205

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.0757 MDL (High: 1.2739 / Low: 1.1983). On the other end, July was the most stable month, with a tight range of 0.0259 MDL (High: 1.3226 / Low: 1.2968).

February Spread (Volatile) ±0.0757

July Spread (Stable) ±0.0259

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0129 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 1.3484) against the same month in 2013 (average: 1.2698), the exchange rate shifted by +0.0786 (+6.19%).

2014 Avg (November) 1.3484

2013 Avg (November) 1.2698

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2407	1.1871	1.2147
February	1.2739	1.1983	1.2310
March	1.2796	1.2218	1.2506
April	1.2878	1.2589	1.2702
May	1.3226	1.2759	1.3051
June	1.3232	1.2888	1.3053
July	1.3226	1.2968	1.3100
August	1.3155	1.2821	1.2971
September	1.3294	1.2758	1.3026
October	1.3527	1.2927	1.3228
November	1.3793	1.3182	1.3484
December	1.3629	1.3122	1.3419