2014 BAM to MZN Historical Review

YEARLY HIGH

22.8030 MZN

YEARLY LOW

19.6796 MZN

YEARLY AVERAGE

21.2240 MZN

2014 BAM to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BAM to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 2, valuing the pair at 22.8030. Conversely, the yearly low was recorded on November 12, dropping to 19.6796.

This high-to-low spread represents a total annual volatility of 3.1235 MZN. From a start-to-finish perspective, comparing the January average rate of 21.0263 to the December average rate of 20.8269, the exchange rate registered a net change of -0.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 22.8030 was up 7.97% compared to the 2013 peak of 21.1196, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 114,015 MZN

2013 Average 101,516 MZN

Yearly Trough Low 98,398 MZN

Transaction Impact: A difference of 15,617.40 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

22.6146

19.7343

JanuMarcMayJulySeptNove

BAM 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 21.9144, compared to 20.5335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3809 points.

H1 Avg (Jan–Jun) 21.9144

H2 Avg (Jul–Dec) 20.5335

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 1.5151 MZN (High: 22.7638 / Low: 21.2487). On the other end, June was the most stable month, with a tight range of 0.2803 MZN (High: 22.0419 / Low: 21.7615).

February Spread (Volatile) ±1.5151

June Spread (Stable) ±0.2803

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.7924 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.7924

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 22.3746) against the same month in 2013 (average: 19.8574), the exchange rate shifted by +2.5172 (+12.68%).

2014 Avg (March) 22.3746

2013 Avg (March) 19.8574

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.5416	20.7753	21.0263
February	22.7638	21.2487	22.0935
March	22.8030	21.9145	22.3746
April	22.3462	21.7998	22.0261
May	22.3393	21.8669	22.0734
June	22.0419	21.7615	21.8925
July	21.9988	20.8701	21.4660
August	20.8796	20.4373	20.6736
September	20.4838	19.7895	20.1378
October	20.3845	19.8113	20.1223
November	20.2987	19.6796	19.9743
December	21.4326	20.0382	20.8269