2014 ZAR to MRO Historical Review

YEARLY HIGH

28.6128 MRO

YEARLY LOW

24.9034 MRO

YEARLY AVERAGE

26.9582 MRO

2014 ZAR to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on May 18, valuing the pair at 28.6128. Conversely, the yearly low was recorded on December 15, dropping to 24.9034.

This high-to-low spread represents a total annual volatility of 3.7094 MRO. From a start-to-finish perspective, comparing the January average rate of 26.8058 to the December average rate of 25.3064, the exchange rate registered a net change of -5.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 28.6128 was down 19.66% compared to the 2013 peak of 35.6161, 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 1,430,639 MRO

2013 Average 1,526,028 MRO

Yearly Trough Low 1,245,169 MRO

Transaction Impact: A difference of 185,469.29 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

28.5243

25.0138

JanuMarcMayJulySeptNove

ZAR to MRO 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 27.3623, compared to 26.5542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8081 points.

H1 Avg (Jan–Jun) 27.3623

H2 Avg (Jul–Dec) 26.5542

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 1.8402 MRO (High: 27.6915 / Low: 25.8513). On the other end, August was the most stable month, with a tight range of 0.6081 MRO (High: 27.7405 / Low: 27.1324).

January Spread (Volatile) ±1.8402

August Spread (Stable) ±0.6081

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.0282 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.0282

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 28.2317) against the same month in 2013 (average: 30.0065), the exchange rate shifted by -1.7748 (-5.91%).

2014 Avg (May) 28.2317

2013 Avg (May) 30.0065

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.6915	25.8513	26.8058
February	27.1273	25.8898	26.5232
March	28.1022	26.7672	27.2213
April	28.3412	27.6643	27.9843
May	28.6128	27.6815	28.2317
June	27.6794	27.0266	27.4074
July	27.7716	27.0180	27.3702
August	27.7405	27.1324	27.3960
September	27.3984	25.8436	26.5528
October	27.0412	25.8001	26.3652
November	26.7030	25.9039	26.3346
December	26.3381	24.9034	25.3064