2014 ZAR to NIO Historical Review

YEARLY HIGH

2.5040 NIO

YEARLY LOW

2.2517 NIO

YEARLY AVERAGE

2.3963 NIO

2014 ZAR to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 2.5040. Conversely, the yearly low was recorded on January 29, dropping to 2.2517.

This high-to-low spread represents a total annual volatility of 0.2524 NIO. From a start-to-finish perspective, comparing the January average rate of 2.3422 to the December average rate of 2.3059, the exchange rate registered a net change of -1.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.5040 was down 12.09% compared to the 2013 peak of 2.8484, 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 125,202 NIO

2013 Average 128,244 NIO

Yearly Trough Low 112,584 NIO

Transaction Impact: A difference of 12,618.02 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.4949

2.2887

JanuMarcMayJulySeptNove

ZAR to NIO 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 2.3985, compared to 2.3940 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 2.3985

H2 Avg (Jul–Dec) 2.3940

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.1685 NIO (High: 2.4202 / Low: 2.2517). On the other end, August was the most stable month, with a tight range of 0.0455 NIO (High: 2.4666 / Low: 2.4211).

January Spread (Volatile) ±0.1685

August Spread (Stable) ±0.0455

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 0.0900 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0900

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 2.4777) against the same month in 2013 (average: 2.6286), the exchange rate shifted by -0.1509 (-5.74%).

2014 Avg (May) 2.4777

2013 Avg (May) 2.6286

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4202	2.2517	2.3422
February	2.3796	2.2648	2.3231
March	2.4400	2.3422	2.3784
April	2.4715	2.4135	2.4395
May	2.5040	2.4394	2.4777
June	2.4521	2.3949	2.4299
July	2.4763	2.4130	2.4404
August	2.4666	2.4211	2.4468
September	2.4610	2.3222	2.3868
October	2.4435	2.3065	2.3884
November	2.4277	2.3534	2.3959
December	2.4157	2.2680	2.3059