Historical Year Data · 2014

USD/ZAR in 2014

USD/ZAR opened 2014 at 10.68 and closed at 11.54, a +8.08% move for the year. The high of 11.75 was reached on December 15, and the low of 10.3 on May 23.

Open

10.68

2014-01

11.54

250 data points

High

11.75

Dec 15

Low

10.3

May 23

Full Year Change

+8.08%

2013 Change

+23.46%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	10.68	11.14	11.19	10.64	+4.35%
Feb	11.25	10.73	11.25	10.72	-4.67%
Mar	10.87	10.53	10.93	10.53	-3.18%
Apr	10.56	10.52	10.65	10.38	-0.41%
May	10.48	10.59	10.59	10.3	+0.99%
Jun	10.68	10.62	10.82	10.56	-0.56%
Jul	10.68	10.71	10.78	10.5	+0.29%
Aug	10.7	10.65	10.76	10.54	-0.50%
Sep	10.74	11.31	11.31	10.68	+5.25%
Oct	11.25	11.05	11.34	10.83	-1.80%
Nov	11.08	11.06	11.27	10.94	-0.14%
Dec	10.99	11.54	11.75	10.99	+4.99%

Events During 2014

2014-2016 Oil Price Collapse

Deflation

June 2014 – February 2016

Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.