YEARLY HIGH
0.3638 SAR
YEARLY LOW
0.3211 SAR
YEARLY AVERAGE
0.3461 SAR

2014 ZAR to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 0.3638. Conversely, the yearly low was recorded on December 15, dropping to 0.3211.

This high-to-low spread represents a total annual volatility of 0.0427 SAR. From a start-to-finish perspective, comparing the January average rate of 0.3457 to the December average rate of 0.3265, the exchange rate registered a net change of -5.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3638 was down 17.91% compared to the 2013 peak of 0.4432, 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 18,190 SAR
2013 Average 19,500 SAR
Yearly Trough Low 16,055 SAR
Transaction Impact: A difference of 2,134.90 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3639
0.3231
JanuMarcMayJulySeptNove

ZAR to SAR 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 0.3508, compared to 0.3414 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0093 points.

H1 Avg (Jan–Jun) 0.3508
H2 Avg (Jul–Dec) 0.3414

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0240 SAR (High: 0.3570 / Low: 0.3330). On the other end, August was the most stable month, with a tight range of 0.0064 SAR (High: 0.3550 / Low: 0.3486).

January Spread (Volatile) ±0.0240
August Spread (Stable) ±0.0064

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 0.0119 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0119

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.3605) against the same month in 2013 (average: 0.4027), the exchange rate shifted by -0.0422 (-10.48%).

2014 Avg (May) 0.3605
2013 Avg (May) 0.4027

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3570 0.3330 0.3457
February 0.3499 0.3336 0.3420
March 0.3556 0.3442 0.3490
April 0.3606 0.3517 0.3556
May 0.3638 0.3554 0.3605
June 0.3548 0.3468 0.3517
July 0.3567 0.3483 0.3519
August 0.3550 0.3486 0.3518
September 0.3514 0.3325 0.3415
October 0.3452 0.3304 0.3386
November 0.3427 0.3329 0.3384
December 0.3410 0.3211 0.3265