YEARLY HIGH
0.1173 NZD
YEARLY LOW
0.1058 NZD
YEARLY AVERAGE
0.1112 NZD

2014 SZL to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SZL to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.1173. Conversely, the yearly low was recorded on July 13, dropping to 0.1058.

This high-to-low spread represents a total annual volatility of 0.0115 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1115 to the December average rate of 0.1120, the exchange rate registered a net change of 0.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1173 was down 17.84% compared to the 2013 peak of 0.1427, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 586 NZD
2013 Average 634 NZD
Yearly Trough Low 529 NZD
Transaction Impact: A difference of 57.41 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1159
0.1073
JanuMarcMayJulySeptNove

SZL to NZD 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 0.1102, compared to 0.1122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.1102
H2 Avg (Jul–Dec) 0.1122

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0070 NZD (High: 0.1158 / Low: 0.1089). On the other end, April was the most stable month, with a tight range of 0.0016 NZD (High: 0.1110 / Low: 0.1094).

January Spread (Volatile) ±0.0070
April Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0031 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.1152) against the same month in 2013 (average: 0.1188), the exchange rate shifted by -0.0036 (-3.05%).

2014 Avg (November) 0.1152
2013 Avg (November) 0.1188

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1158 0.1089 0.1115
February 0.1116 0.1086 0.1099
March 0.1114 0.1077 0.1092
April 0.1110 0.1094 0.1101
May 0.1133 0.1092 0.1117
June 0.1119 0.1069 0.1086
July 0.1111 0.1058 0.1080
August 0.1124 0.1099 0.1112
September 0.1142 0.1108 0.1120
October 0.1172 0.1129 0.1148
November 0.1173 0.1130 0.1152
December 0.1155 0.1099 0.1120