YEARLY HIGH
0.0022 ZAR
YEARLY LOW
0.0020 ZAR
YEARLY AVERAGE
0.0021 ZAR

2014 ZMK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZMK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.0022. Conversely, the yearly low was recorded on May 14, dropping to 0.0020.

This high-to-low spread represents a total annual volatility of 0.0003 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0021 to the December average rate of 0.0022, the exchange rate registered a net change of 5.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0022 was up 10.60% compared to the 2013 peak of 0.0020, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ZMK based on timing:

Yearly Peak High 11 ZAR
2013 Average 9 ZAR
Yearly Trough Low 10 ZAR
Transaction Impact: A difference of 1.32 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0022
0.0020
JanuMarcMayJulySeptNove

ZMK to ZAR 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 0.0020, compared to 0.0021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0020
H2 Avg (Jul–Dec) 0.0021

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0001 ZAR (High: 0.0021 / Low: 0.0020). On the other end, August was the most stable month, with a tight range of 0.0000 ZAR (High: 0.0020 / Low: 0.0020).

January Spread (Volatile) ±0.0001
August Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and December, 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 February and March, when the average rate fell by 0.0000 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0022) against the same month in 2013 (average: 0.0020), the exchange rate shifted by +0.0002 (+10.85%).

2014 Avg (December) 0.0022
2013 Avg (December) 0.0020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0021 0.0020 0.0021
February 0.0021 0.0020 0.0021
March 0.0021 0.0020 0.0020
April 0.0020 0.0020 0.0020
May 0.0020 0.0020 0.0020
June 0.0021 0.0020 0.0020
July 0.0020 0.0020 0.0020
August 0.0020 0.0020 0.0020
September 0.0021 0.0020 0.0021
October 0.0022 0.0021 0.0021
November 0.0021 0.0021 0.0021
December 0.0022 0.0021 0.0022