YEARLY HIGH
0.2705 PEN
YEARLY LOW
0.2507 PEN
YEARLY AVERAGE
0.2618 PEN

2014 ZAR to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 0.2705. Conversely, the yearly low was recorded on January 29, dropping to 0.2507.

This high-to-low spread represents a total annual volatility of 0.0198 PEN. From a start-to-finish perspective, comparing the January average rate of 0.2590 to the December average rate of 0.2577, the exchange rate registered a net change of -0.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2705 was down 10.27% compared to the 2013 peak of 0.3015, 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 13,526 PEN
2013 Average 14,025 PEN
Yearly Trough Low 12,537 PEN
Transaction Impact: A difference of 988.74 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2694
0.2554
JanuMarcMayJulySeptNove

ZAR to PEN 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 0.2619, compared to 0.2617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.2619
H2 Avg (Jul–Dec) 0.2617

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0157 PEN (High: 0.2664 / Low: 0.2507). On the other end, June was the most stable month, with a tight range of 0.0060 PEN (High: 0.2647 / Low: 0.2587).

January Spread (Volatile) ±0.0157
June Spread (Stable) ±0.0060

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 May and June, when the average rate fell by 0.0062 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.2682) against the same month in 2013 (average: 0.2836), the exchange rate shifted by -0.0154 (-5.45%).

2014 Avg (May) 0.2682
2013 Avg (May) 0.2836

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2664 0.2507 0.2590
February 0.2615 0.2513 0.2566
March 0.2665 0.2581 0.2612
April 0.2686 0.2623 0.2647
May 0.2705 0.2620 0.2682
June 0.2647 0.2587 0.2620
July 0.2651 0.2577 0.2614
August 0.2676 0.2613 0.2640
September 0.2675 0.2563 0.2610
October 0.2684 0.2563 0.2622
November 0.2665 0.2598 0.2638
December 0.2657 0.2536 0.2577