2014 BWP to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 BWP to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the BWP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 299.1225. Conversely, the yearly low was recorded on January 26, dropping to 250.0456.
This high-to-low spread represents a total annual volatility of 49.0769 MGA. From a start-to-finish perspective, comparing the January average rate of 253.8806 to the December average rate of 274.9984, the exchange rate registered a net change of 8.32% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 299.1225 was up 2.68% compared to the 2013 peak of 291.3228, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BWP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
BWP to MGA 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 265.3388, compared to 285.1634 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.8246 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was December, with a trading range of 20.9618 MGA (High: 289.3927 / Low: 268.4310). On the other end, November was the most stable month, with a tight range of 5.7278 MGA (High: 296.2729 / Low: 290.5451).
Growth Streaks & Declines
TrendsBetween January and May, 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 November and December, when the average rate fell by 18.5952 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2014: 294.3003) against the same month in 2013 (average: 262.6671), the exchange rate shifted by +31.6332 (+12.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 257.4537 | 250.0456 | 253.8806 |
| February | 265.4157 | 251.6099 | 258.6628 |
| March | 268.4029 | 262.5118 | 265.1938 |
| April | 271.6474 | 265.3687 | 269.0669 |
| May | 276.6724 | 269.9627 | 273.0554 |
| June | 276.0946 | 268.1403 | 272.1731 |
| July | 283.1658 | 273.3445 | 278.0150 |
| August | 287.5329 | 277.3606 | 284.1281 |
| September | 288.7477 | 281.6836 | 285.9451 |
| October | 299.1225 | 286.9400 | 294.3003 |
| November | 296.2729 | 290.5451 | 293.5936 |
| December | 289.3927 | 268.4310 | 274.9984 |