2014 AZN to MZN Historical Review

YEARLY HIGH

43.2641 MZN

YEARLY LOW

38.1072 MZN

YEARLY AVERAGE

39.8721 MZN

2014 AZN to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AZN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 43.2641. Conversely, the yearly low was recorded on January 7, dropping to 38.1072.

This high-to-low spread represents a total annual volatility of 5.1569 MZN. From a start-to-finish perspective, comparing the January average rate of 38.5141 to the December average rate of 42.2197, the exchange rate registered a net change of 9.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 43.2641 was up 10.87% compared to the 2013 peak of 39.0220, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 216,321 MZN

2013 Average 190,666 MZN

Yearly Trough Low 190,536 MZN

Transaction Impact: A difference of 25,784.53 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

42.5903

38.1435

JanuMarcMayJulySeptNove

AZN 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 39.8934, compared to 39.8508 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0427 points.

H1 Avg (Jan–Jun) 39.8934

H2 Avg (Jul–Dec) 39.8508

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 2.7874 MZN (High: 43.2641 / Low: 40.4767). On the other end, August was the most stable month, with a tight range of 0.2708 MZN (High: 38.8795 / Low: 38.6087).

December Spread (Volatile) ±2.7874

August Spread (Stable) ±0.2708

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 0.8029 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.8029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 42.2197) against the same month in 2013 (average: 38.2094), the exchange rate shifted by +4.0103 (+10.50%).

2014 Avg (December) 42.2197

2013 Avg (December) 38.2094

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	39.5264	38.1072	38.5141
February	41.3560	39.2999	40.3708
March	41.2946	39.7669	40.3921
April	40.3114	39.4815	39.8090
May	40.2684	39.5752	40.1045
June	40.2476	39.9340	40.1702
July	40.1694	38.8987	39.5470
August	38.8795	38.6087	38.7441
September	39.4241	38.7594	38.9933
October	39.8798	39.3389	39.6364
November	40.6537	39.4380	39.9641
December	43.2641	40.4767	42.2197