2014 ZAR to NOK Historical Review

YEARLY HIGH

0.6458 NOK

YEARLY LOW

0.5474 NOK

YEARLY AVERAGE

0.5809 NOK

2014 ZAR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.6458. Conversely, the yearly low was recorded on January 29, dropping to 0.5474.

This high-to-low spread represents a total annual volatility of 0.0985 NOK. From a start-to-finish perspective, comparing the January average rate of 0.5673 to the December average rate of 0.6352, the exchange rate registered a net change of 11.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6458 was down 1.78% compared to the 2013 peak of 0.6575, 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 32,292 NOK

2013 Average 30,523 NOK

Yearly Trough Low 27,368 NOK

Transaction Impact: A difference of 4,923.58 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.6428

0.5508

JanuMarcMayJulySeptNove

ZAR to NOK 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 0.5648, compared to 0.5970 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0322 points.

H1 Avg (Jan–Jun) 0.5648

H2 Avg (Jul–Dec) 0.5970

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0434 NOK (High: 0.6155 / Low: 0.5721). On the other end, April was the most stable month, with a tight range of 0.0077 NOK (High: 0.5715 / Low: 0.5638).

October Spread (Volatile) ±0.0434

April Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between September and December, 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 January and February, when the average rate fell by 0.0087 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.6352) against the same month in 2013 (average: 0.5929), the exchange rate shifted by +0.0422 (+7.12%).

2014 Avg (December) 0.6352

2013 Avg (December) 0.5929

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5796	0.5474	0.5673
February	0.5656	0.5518	0.5587
March	0.5680	0.5503	0.5585
April	0.5715	0.5638	0.5671
May	0.5781	0.5648	0.5709
June	0.5785	0.5546	0.5664
July	0.5915	0.5727	0.5811
August	0.5878	0.5753	0.5815
September	0.5871	0.5692	0.5781
October	0.6155	0.5721	0.5912
November	0.6347	0.6045	0.6152
December	0.6458	0.6210	0.6352