2014 AFN to MZN Historical Review

YEARLY HIGH

0.5847 MZN

YEARLY LOW

0.5312 MZN

YEARLY AVERAGE

0.5485 MZN

2014 AFN to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AFN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.5847. Conversely, the yearly low was recorded on January 14, dropping to 0.5312.

This high-to-low spread represents a total annual volatility of 0.0534 MZN. From a start-to-finish perspective, comparing the January average rate of 0.5368 to the December average rate of 0.5708, the exchange rate registered a net change of 6.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.5847 was down 1.27% compared to the 2013 peak of 0.5922, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,923 MZN

2013 Average 2,735 MZN

Yearly Trough Low 2,656 MZN

Transaction Impact: A difference of 267.04 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.5742

0.5334

JanuMarcMayJulySeptNove

AFN to MZN 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 0.5504, compared to 0.5465 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.5504

H2 Avg (Jul–Dec) 0.5465

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0361 MZN (High: 0.5847 / Low: 0.5486). On the other end, August was the most stable month, with a tight range of 0.0071 MZN (High: 0.5421 / Low: 0.5351).

December Spread (Volatile) ±0.0361

August Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.0067 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.5708) against the same month in 2013 (average: 0.5254), the exchange rate shifted by +0.0454 (+8.64%).

2014 Avg (December) 0.5708

2013 Avg (December) 0.5254

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5489	0.5312	0.5368
February	0.5723	0.5455	0.5580
March	0.5689	0.5467	0.5562
April	0.5575	0.5422	0.5494
May	0.5566	0.5459	0.5532
June	0.5535	0.5409	0.5486
July	0.5528	0.5397	0.5452
August	0.5421	0.5351	0.5395
September	0.5426	0.5341	0.5385
October	0.5474	0.5362	0.5423
November	0.5516	0.5357	0.5430
December	0.5847	0.5486	0.5708