2014 ZAR to SCR Historical Review

YEARLY HIGH

1.3069 SCR

YEARLY LOW

1.0747 SCR

YEARLY AVERAGE

1.1724 SCR

2014 ZAR to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 30, valuing the pair at 1.3069. Conversely, the yearly low was recorded on January 29, dropping to 1.0747.

This high-to-low spread represents a total annual volatility of 0.2322 SCR. From a start-to-finish perspective, comparing the January average rate of 1.1126 to the December average rate of 1.2171, the exchange rate registered a net change of 9.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.3069 was down 15.80% compared to the 2013 peak of 1.5522, 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 65,343 SCR

2013 Average 62,875 SCR

Yearly Trough Low 53,734 SCR

Transaction Impact: A difference of 11,608.91 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.2968

1.0891

JanuMarcMayJulySeptNove

ZAR to SCR 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 1.1362, compared to 1.2087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0726 points.

H1 Avg (Jan–Jun) 1.1362

H2 Avg (Jul–Dec) 1.2087

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.1455 SCR (High: 1.3069 / Low: 1.1614). On the other end, July was the most stable month, with a tight range of 0.0313 SCR (High: 1.1711 / Low: 1.1398).

October Spread (Volatile) ±0.1455

July Spread (Stable) ±0.0313

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0623 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0623

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 1.2307) against the same month in 2013 (average: 1.2179), the exchange rate shifted by +0.0128 (+1.05%).

2014 Avg (October) 1.2307

2013 Avg (October) 1.2179

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1491	1.0747	1.1126
February	1.1265	1.0809	1.1064
March	1.1478	1.1140	1.1296
April	1.1643	1.1184	1.1453
May	1.2125	1.1391	1.1727
June	1.1652	1.1307	1.1504
July	1.1711	1.1398	1.1544
August	1.2190	1.1431	1.1798
September	1.2189	1.1661	1.1909
October	1.3069	1.1614	1.2307
November	1.2978	1.2578	1.2795
December	1.2864	1.1503	1.2171