2014 ZAR to TRY Historical Review

YEARLY HIGH

0.2103 TRY

YEARLY LOW

0.1946 TRY

YEARLY AVERAGE

0.2017 TRY

2014 ZAR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.2103. Conversely, the yearly low was recorded on June 10, dropping to 0.1946.

This high-to-low spread represents a total annual volatility of 0.0158 TRY. From a start-to-finish perspective, comparing the January average rate of 0.2045 to the December average rate of 0.1996, the exchange rate registered a net change of -2.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2103 was down 0.26% compared to the 2013 peak of 0.2109, 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 10,516 TRY

2013 Average 9,881 TRY

Yearly Trough Low 9,728 TRY

Transaction Impact: A difference of 787.97 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2067

0.1979

JanuMarcMayJulySeptNove

ZAR to TRY 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 0.2022, compared to 0.2013 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.2022

H2 Avg (Jul–Dec) 0.2013

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0093 TRY (High: 0.2103 / Low: 0.2010). On the other end, September was the most stable month, with a tight range of 0.0018 TRY (High: 0.2024 / Low: 0.2006).

January Spread (Volatile) ±0.0093

September Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0044 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.2045) against the same month in 2013 (average: 0.2019), the exchange rate shifted by +0.0026 (+1.28%).

2014 Avg (January) 0.2045

2013 Avg (January) 0.2019

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2103	0.2010	0.2045
February	0.2065	0.1990	0.2014
March	0.2076	0.2036	0.2060
April	0.2032	0.2001	0.2016
May	0.2025	0.1986	0.2010
June	0.2017	0.1946	0.1986
July	0.2000	0.1978	0.1988
August	0.2048	0.1999	0.2025
September	0.2024	0.2006	0.2015
October	0.2057	0.2016	0.2036
November	0.2029	0.2002	0.2014
December	0.2021	0.1962	0.1996