2014 ZAR to PHP Historical Review

YEARLY HIGH

4.2951 PHP

YEARLY LOW

3.8216 PHP

YEARLY AVERAGE

4.0962 PHP

2014 ZAR to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 4.2951. Conversely, the yearly low was recorded on December 15, dropping to 3.8216.

This high-to-low spread represents a total annual volatility of 0.4735 PHP. From a start-to-finish perspective, comparing the January average rate of 4.1444 to the December average rate of 3.8869, the exchange rate registered a net change of -6.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 4.2951 was down 11.43% compared to the 2013 peak of 4.8492, 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 214,753 PHP

2013 Average 220,388 PHP

Yearly Trough Low 191,080 PHP

Transaction Impact: A difference of 23,673.22 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

4.2635

3.8526

JanuMarcMayJulySeptNove

ZAR to PHP 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 4.1597, compared to 4.0328 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1268 points.

H1 Avg (Jan–Jun) 4.1597

H2 Avg (Jul–Dec) 4.0328

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.2534 PHP (High: 4.0750 / Low: 3.8216). On the other end, July was the most stable month, with a tight range of 0.0780 PHP (High: 4.1192 / Low: 4.0411).

December Spread (Volatile) ±0.2534

July Spread (Stable) ±0.0780

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 November and December, when the average rate fell by 0.1679 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1679

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2014: 4.2293) against the same month in 2013 (average: 4.5246), the exchange rate shifted by -0.2953 (-6.53%).

2014 Avg (April) 4.2293

2013 Avg (April) 4.5246

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.2263	4.0207	4.1444
February	4.1665	4.0390	4.0905
March	4.2470	4.1050	4.1676
April	4.2951	4.1838	4.2293
May	4.2570	4.1531	4.2192
June	4.1463	4.0573	4.1070
July	4.1192	4.0411	4.0795
August	4.1454	4.0667	4.1076
September	4.0792	3.9806	4.0235
October	4.1255	3.9596	4.0447
November	4.1073	3.9822	4.0548
December	4.0750	3.8216	3.8869