2014 BGN to MZN Historical Review

YEARLY HIGH

22.8164 MZN

YEARLY LOW

19.6869 MZN

YEARLY AVERAGE

21.2215 MZN

2014 BGN to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BGN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 22.8164. Conversely, the yearly low was recorded on November 12, dropping to 19.6869.

This high-to-low spread represents a total annual volatility of 3.1295 MZN. From a start-to-finish perspective, comparing the January average rate of 21.0197 to the December average rate of 20.8350, the exchange rate registered a net change of -0.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 22.8164 was up 8.11% compared to the 2013 peak of 21.1046, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 114,082 MZN

2013 Average 101,510 MZN

Yearly Trough Low 98,434 MZN

Transaction Impact: A difference of 15,647.43 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

22.6116

19.7327

JanuMarcMayJulySeptNove

BGN 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 21.9096, compared to 20.5333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3763 points.

H1 Avg (Jan–Jun) 21.9096

H2 Avg (Jul–Dec) 20.5333

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 1.5268 MZN (High: 22.7833 / Low: 21.2565). On the other end, June was the most stable month, with a tight range of 0.2926 MZN (High: 22.0444 / Low: 21.7518).

February Spread (Volatile) ±1.5268

June Spread (Stable) ±0.2926

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 0.7910 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.7910

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 22.3717) against the same month in 2013 (average: 19.8546), the exchange rate shifted by +2.5170 (+12.68%).

2014 Avg (March) 22.3717

2013 Avg (March) 19.8546

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.5280	20.7727	21.0197
February	22.7833	21.2565	22.0837
March	22.8164	21.9115	22.3717
April	22.3149	21.7950	22.0271
May	22.3428	21.8641	22.0692
June	22.0444	21.7518	21.8864
July	22.0080	20.8627	21.4623
August	20.8656	20.4473	20.6713
September	20.4832	19.7982	20.1358
October	20.3778	19.8355	20.1229
November	20.3007	19.6869	19.9726
December	21.4372	20.0719	20.8350