2014 BIF to MZN Historical Review

YEARLY HIGH

0.0218 MZN

YEARLY LOW

0.0193 MZN

YEARLY AVERAGE

0.0201 MZN

2014 BIF to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BIF to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.0218. Conversely, the yearly low was recorded on January 9, dropping to 0.0193.

This high-to-low spread represents a total annual volatility of 0.0025 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0195 to the December average rate of 0.0212, the exchange rate registered a net change of 8.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0218 was up 9.03% compared to the 2013 peak of 0.0200, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 109 MZN

2013 Average 97 MZN

Yearly Trough Low 96 MZN

Transaction Impact: A difference of 12.60 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0213

0.0193

JanuMarcMayJulySeptNove

BIF 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 0.0202, compared to 0.0201 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0202

H2 Avg (Jul–Dec) 0.0201

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0016 MZN (High: 0.0218 / Low: 0.0202). On the other end, August was the most stable month, with a tight range of 0.0003 MZN (High: 0.0198 / Low: 0.0195).

December Spread (Volatile) ±0.0016

August Spread (Stable) ±0.0003

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 0.0004 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0212) against the same month in 2013 (average: 0.0194), the exchange rate shifted by +0.0018 (+9.20%).

2014 Avg (December) 0.0212

2013 Avg (December) 0.0194

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0200	0.0193	0.0195
February	0.0209	0.0198	0.0204
March	0.0208	0.0201	0.0204
April	0.0204	0.0200	0.0202
May	0.0204	0.0200	0.0203
June	0.0205	0.0202	0.0204
July	0.0203	0.0197	0.0200
August	0.0198	0.0195	0.0196
September	0.0199	0.0196	0.0197
October	0.0203	0.0198	0.0199
November	0.0204	0.0198	0.0201
December	0.0218	0.0202	0.0212