2014 ZAR to STD Historical Review

YEARLY HIGH

1800.4052 STD

YEARLY LOW

1592.9972 STD

YEARLY AVERAGE

1703.0111 STD

2014 ZAR to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 1800.4052. Conversely, the yearly low was recorded on January 29, dropping to 1592.9972.

This high-to-low spread represents a total annual volatility of 207.4080 STD. From a start-to-finish perspective, comparing the January average rate of 1659.6085 to the December average rate of 1731.6170, the exchange rate registered a net change of 4.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1800.4052 was down 18.08% compared to the 2013 peak of 2197.8418, 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 90,020,260 STD

2013 Average 96,111,462 STD

Yearly Trough Low 79,649,862 STD

Transaction Impact: A difference of 10,370,398.32 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1786.3902

1623.8346

JanuMarcMayJulySeptNove

ZAR to STD 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 1672.7678, compared to 1733.2544 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 60.4866 points.

H1 Avg (Jan–Jun) 1672.7678

H2 Avg (Jul–Dec) 1733.2544

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 104.7057 STD (High: 1787.4566 / Low: 1682.7509). On the other end, June was the most stable month, with a tight range of 36.0480 STD (High: 1703.8459 / Low: 1667.7979).

December Spread (Volatile) ±104.7057

June Spread (Stable) ±36.0480

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 41.2269 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -41.2269

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 1772.8439) against the same month in 2013 (average: 1784.1096), the exchange rate shifted by -11.2657 (-0.63%).

2014 Avg (November) 1772.8439

2013 Avg (November) 1784.1096

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1696.1667	1592.9972	1659.6085
February	1668.4004	1616.5747	1637.3809
March	1689.2586	1625.7706	1649.9968
April	1710.6560	1659.3012	1683.5584
May	1743.4128	1678.1590	1715.7351
June	1703.8459	1667.7979	1690.3270
July	1733.0685	1669.1175	1695.1676
August	1749.4907	1704.0748	1725.8170
September	1769.7642	1707.3062	1728.7748
October	1780.3046	1719.3555	1745.3059
November	1800.4052	1745.9170	1772.8439
December	1787.4566	1682.7509	1731.6170