2014 ZAR to SGD Historical Review

YEARLY HIGH

0.1215 SGD

YEARLY LOW

0.1120 SGD

YEARLY AVERAGE

0.1169 SGD

2014 ZAR to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 0.1215. Conversely, the yearly low was recorded on December 16, dropping to 0.1120.

This high-to-low spread represents a total annual volatility of 0.0095 SGD. From a start-to-finish perspective, comparing the January average rate of 0.1173 to the December average rate of 0.1145, the exchange rate registered a net change of -2.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1215 was down 15.82% compared to the 2013 peak of 0.1444, 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 6,076 SGD

2013 Average 6,502 SGD

Yearly Trough Low 5,600 SGD

Transaction Impact: A difference of 475.87 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1209

0.1139

JanuMarcMayJulySeptNove

ZAR to SGD 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 0.1179, compared to 0.1159 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.1179

H2 Avg (Jul–Dec) 0.1159

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0069 SGD (High: 0.1203 / Low: 0.1134). On the other end, August was the most stable month, with a tight range of 0.0019 SGD (High: 0.1180 / Low: 0.1162).

January Spread (Volatile) ±0.0069

August Spread (Stable) ±0.0019

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 0.0030 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.1203) against the same month in 2013 (average: 0.1340), the exchange rate shifted by -0.0137 (-10.24%).

2014 Avg (May) 0.1203

2013 Avg (May) 0.1340

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1203	0.1134	0.1173
February	0.1180	0.1135	0.1155
March	0.1193	0.1169	0.1179
April	0.1200	0.1178	0.1190
May	0.1215	0.1188	0.1203
June	0.1186	0.1158	0.1173
July	0.1181	0.1158	0.1166
August	0.1180	0.1162	0.1171
September	0.1173	0.1131	0.1151
October	0.1175	0.1129	0.1151
November	0.1187	0.1145	0.1169
December	0.1186	0.1120	0.1145