2014 BWP to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 BWP to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the BWP to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 3.6663. Conversely, the yearly low was recorded on September 26, dropping to 3.3050.
This high-to-low spread represents a total annual volatility of 0.3614 MZN. From a start-to-finish perspective, comparing the January average rate of 3.3826 to the December average rate of 3.5004, the exchange rate registered a net change of 3.48% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 3.6663 was down 4.46% compared to the 2013 peak of 3.8376, 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 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 3.5379, compared to 3.4295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1083 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was February, with a trading range of 0.2948 MZN (High: 3.6649 / Low: 3.3701). On the other end, August was the most stable month, with a tight range of 0.0425 MZN (High: 3.4416 / Low: 3.3991).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0861 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2014: 3.5796) against the same month in 2013 (average: 3.6486), the exchange rate shifted by -0.0690 (-1.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.4365 | 3.3532 | 3.3826 |
| February | 3.6649 | 3.3701 | 3.5245 |
| March | 3.6663 | 3.5285 | 3.5796 |
| April | 3.6289 | 3.5196 | 3.5616 |
| May | 3.6366 | 3.5491 | 3.6135 |
| June | 3.6141 | 3.5239 | 3.5654 |
| July | 3.5789 | 3.4356 | 3.5084 |
| August | 3.4416 | 3.3991 | 3.4223 |
| September | 3.4204 | 3.3050 | 3.3621 |
| October | 3.4233 | 3.3289 | 3.3886 |
| November | 3.4578 | 3.3264 | 3.3953 |
| December | 3.5725 | 3.4160 | 3.5004 |