2014 BWP to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 BWP to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the BWP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 114.5352. Conversely, the yearly low was recorded on October 4, dropping to 106.6941.
This high-to-low spread represents a total annual volatility of 7.8411 MMK. From a start-to-finish perspective, comparing the January average rate of 110.3721 to the December average rate of 109.0016, the exchange rate registered a net change of -1.24% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 114.5352 was down 1.84% compared to the 2013 peak of 116.6874, 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 MMK 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 109.9996, compared to 109.3606 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6390 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was November, with a trading range of 5.5190 MMK (High: 114.5352 / Low: 109.0161). On the other end, August was the most stable month, with a tight range of 1.0687 MMK (High: 110.1369 / Low: 109.0681).
Growth Streaks & Declines
TrendsBetween March and May, 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 November and December, when the average rate fell by 2.2998 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2014: 111.3014) against the same month in 2013 (average: 112.9229), the exchange rate shifted by -1.6215 (-1.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 113.2887 | 107.9456 | 110.3721 |
| February | 111.1929 | 107.9554 | 109.5472 |
| March | 111.1202 | 107.5963 | 109.5234 |
| April | 110.8042 | 109.0280 | 109.7783 |
| May | 111.3458 | 110.0523 | 110.7322 |
| June | 111.0543 | 108.9378 | 110.0446 |
| July | 110.8852 | 109.5981 | 110.0828 |
| August | 110.1369 | 109.0681 | 109.5024 |
| September | 109.2591 | 107.0140 | 107.8963 |
| October | 110.1953 | 106.6941 | 108.3792 |
| November | 114.5352 | 109.0161 | 111.3014 |
| December | 112.0081 | 107.6756 | 109.0016 |