2014 BND to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 BND to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the BND to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 25.7941. Conversely, the yearly low was recorded on January 7, dropping to 23.5074.
This high-to-low spread represents a total annual volatility of 2.2868 MZN. From a start-to-finish perspective, comparing the January average rate of 23.7334 to the December average rate of 25.1481, the exchange rate registered a net change of 5.96% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 25.7941 was up 3.78% compared to the 2013 peak of 24.8549, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
BND to MZN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 24.8166, compared to 24.5301 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2865 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was February, with a trading range of 1.5880 MZN (High: 25.6513 / Low: 24.0633). On the other end, August was the most stable month, with a tight range of 0.1824 MZN (High: 24.4065 / Low: 24.2241).
Growth Streaks & Declines
TrendsBetween 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 0.6159 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2014: 25.1481) against the same month in 2013 (average: 23.7901), the exchange rate shifted by +1.3580 (+5.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.2432 | 23.5074 | 23.7334 |
| February | 25.6513 | 24.0633 | 24.9949 |
| March | 25.5670 | 24.6355 | 25.0001 |
| April | 25.3113 | 24.5796 | 24.8705 |
| May | 25.2237 | 24.7451 | 25.1199 |
| June | 25.2947 | 24.8996 | 25.1809 |
| July | 25.2723 | 24.4647 | 24.9444 |
| August | 24.4065 | 24.2241 | 24.3285 |
| September | 24.3633 | 23.9450 | 24.1902 |
| October | 24.5251 | 24.1295 | 24.3747 |
| November | 24.4744 | 23.9001 | 24.1950 |
| December | 25.7941 | 24.2080 | 25.1481 |