2014 ZAR to MWK Historical Review

YEARLY HIGH

44.8556 MWK

YEARLY LOW

35.3899 MWK

YEARLY AVERAGE

38.6070 MWK

2014 ZAR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 44.8556. Conversely, the yearly low was recorded on October 12, dropping to 35.3899.

This high-to-low spread represents a total annual volatility of 9.4658 MWK. From a start-to-finish perspective, comparing the January average rate of 40.1444 to the December average rate of 41.8509, the exchange rate registered a net change of 4.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 44.8556 was down 1.22% compared to the 2013 peak of 45.4110, 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 2,242,782 MWK

2013 Average 1,894,110 MWK

Yearly Trough Low 1,769,493 MWK

Transaction Impact: A difference of 473,289.08 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

43.3046

35.3945

JanuMarcMayJulySeptNove

ZAR to MWK 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 38.3694, compared to 38.8447 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4753 points.

H1 Avg (Jan–Jun) 38.3694

H2 Avg (Jul–Dec) 38.8447

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 6.9071 MWK (High: 42.2970 / Low: 35.3899). On the other end, August was the most stable month, with a tight range of 0.6365 MWK (High: 37.2933 / Low: 36.6568).

October Spread (Volatile) ±6.9071

August Spread (Stable) ±0.6365

Growth Streaks & Declines

Trends

Between June and August, 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 January and February, when the average rate fell by 1.4353 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.4353

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 42.6454) against the same month in 2013 (average: 39.0201), the exchange rate shifted by +3.6253 (+9.29%).

2014 Avg (November) 42.6454

2013 Avg (November) 39.0201

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	41.0207	38.1338	40.1444
February	39.4983	38.1574	38.7091
March	39.8483	37.8077	38.8858
April	39.2866	36.6242	37.7751
May	38.1227	37.2343	37.7981
June	37.2288	36.4327	36.9038
July	37.5302	36.5359	36.9676
August	37.2933	36.6568	37.0326
September	37.2126	35.4996	36.0537
October	42.2970	35.3899	38.5179
November	44.8556	40.7204	42.6454
December	44.7062	40.3370	41.8509