2014 ZAR to YER Historical Review

YEARLY HIGH

20.8545 YER

YEARLY LOW

18.3910 YER

YEARLY AVERAGE

19.8382 YER

2014 ZAR to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 20.8545. Conversely, the yearly low was recorded on December 15, dropping to 18.3910.

This high-to-low spread represents a total annual volatility of 2.4636 YER. From a start-to-finish perspective, comparing the January average rate of 19.8246 to the December average rate of 18.7039, the exchange rate registered a net change of -5.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 20.8545 was down 17.94% compared to the 2013 peak of 25.4152, 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 1,042,727 YER

2013 Average 1,117,885 YER

Yearly Trough Low 919,550 YER

Transaction Impact: A difference of 123,177.61 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

20.8605

18.5079

JanuMarcMayJulySeptNove

ZAR to YER 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 20.1081, compared to 19.5684 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5397 points.

H1 Avg (Jan–Jun) 20.1081

H2 Avg (Jul–Dec) 19.5684

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 1.3754 YER (High: 20.4670 / Low: 19.0916). On the other end, August was the most stable month, with a tight range of 0.3624 YER (High: 20.3465 / Low: 19.9841).

January Spread (Volatile) ±1.3754

August Spread (Stable) ±0.3624

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 0.6853 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6853

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 20.6644) against the same month in 2013 (average: 23.0825), the exchange rate shifted by -2.4181 (-10.48%).

2014 Avg (May) 20.6644

2013 Avg (May) 23.0825

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.4670	19.0916	19.8246
February	20.0538	19.1282	19.6076
March	20.3864	19.7342	20.0083
April	20.6733	20.1399	20.3811
May	20.8545	20.3712	20.6644
June	20.3337	19.8770	20.1625
July	20.4512	19.9663	20.1689
August	20.3465	19.9841	20.1643
September	20.1405	19.0593	19.5778
October	19.7843	18.9339	19.4064
November	19.6377	19.0559	19.3892
December	19.5311	18.3910	18.7039