2014 ZAR to NPR Historical Review

YEARLY HIGH

9.4263 NPR

YEARLY LOW

8.5659 NPR

YEARLY AVERAGE

9.0184 NPR

2014 ZAR to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 9.4263. Conversely, the yearly low was recorded on December 10, dropping to 8.5659.

This high-to-low spread represents a total annual volatility of 0.8604 NPR. From a start-to-finish perspective, comparing the January average rate of 9.1588 to the December average rate of 8.7350, the exchange rate registered a net change of -4.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 9.4263 was down 9.87% compared to the 2013 peak of 10.4583, 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 471,314 NPR

2013 Average 485,376 NPR

Yearly Trough Low 428,296 NPR

Transaction Impact: A difference of 43,018.11 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

9.2074

8.6920

JanuMarcMayJulySeptNove

ZAR to NPR 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 9.1036, compared to 8.9332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1704 points.

H1 Avg (Jan–Jun) 9.1036

H2 Avg (Jul–Dec) 8.9332

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.5392 NPR (High: 9.4263 / Low: 8.8871). On the other end, August was the most stable month, with a tight range of 0.1913 NPR (High: 9.2682 / Low: 9.0770).

January Spread (Volatile) ±0.5392

August Spread (Stable) ±0.1913

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.2655 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2655

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 9.1588) against the same month in 2013 (average: 9.8966), the exchange rate shifted by -0.7378 (-7.46%).

2014 Avg (January) 9.1588

2013 Avg (January) 9.8966

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.4263	8.8871	9.1588
February	9.2439	8.9207	9.0813
March	9.2392	8.9670	9.0957
April	9.2318	9.0219	9.1645
May	9.3129	8.9699	9.1557
June	9.0928	8.8278	8.9656
July	9.1652	8.9013	9.0267
August	9.2682	9.0770	9.1489
September	9.1367	8.7266	8.8834
October	9.0966	8.7203	8.8821
November	9.0432	8.7605	8.9231
December	9.0233	8.5659	8.7350