YEARLY HIGH
3.1584 THB
YEARLY LOW
2.8186 THB
YEARLY AVERAGE
2.9966 THB

2014 ZAR to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 3.1584. Conversely, the yearly low was recorded on December 15, dropping to 2.8186.

This high-to-low spread represents a total annual volatility of 0.3398 THB. From a start-to-finish perspective, comparing the January average rate of 3.0350 to the December average rate of 2.8616, the exchange rate registered a net change of -5.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 3.1584 was down 12.62% compared to the 2013 peak of 3.6145, 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 157,921 THB
2013 Average 159,502 THB
Yearly Trough Low 140,930 THB
Transaction Impact: A difference of 16,991.47 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

3.1536
2.8350
JanuMarcMayJulySeptNove

ZAR to THB 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 3.0439, compared to 2.9493 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0946 points.

H1 Avg (Jan–Jun) 3.0439
H2 Avg (Jul–Dec) 2.9493

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.1903 THB (High: 3.1155 / Low: 2.9252). On the other end, August was the most stable month, with a tight range of 0.0366 THB (High: 3.0207 / Low: 2.9842).

January Spread (Volatile) ±0.1903
August Spread (Stable) ±0.0366

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 0.0953 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0953

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 3.1270) against the same month in 2013 (average: 3.1960), the exchange rate shifted by -0.0689 (-2.16%).

2014 Avg (May) 3.1270
2013 Avg (May) 3.1960

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.1155 2.9252 3.0350
February 3.0393 2.9320 2.9754
March 3.0750 2.9708 3.0143
April 3.0991 3.0239 3.0637
May 3.1584 3.0738 3.1270
June 3.1074 3.0021 3.0479
July 3.0410 2.9969 3.0132
August 3.0207 2.9842 3.0033
September 2.9962 2.8735 2.9315
October 2.9927 2.8748 2.9296
November 2.9942 2.9086 2.9569
December 2.9806 2.8186 2.8616