2014 CDF to MGA Historical Review

YEARLY HIGH

2.9557 MGA

YEARLY LOW

2.4302 MGA

YEARLY AVERAGE

2.6765 MGA

2014 CDF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CDF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 2.9557. Conversely, the yearly low was recorded on January 2, dropping to 2.4302.

This high-to-low spread represents a total annual volatility of 0.5254 MGA. From a start-to-finish perspective, comparing the January average rate of 2.4524 to the December average rate of 2.8075, the exchange rate registered a net change of 14.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.9557 was up 19.95% compared to the 2013 peak of 2.4641, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,778 MGA

2013 Average 11,999 MGA

Yearly Trough Low 12,151 MGA

Transaction Impact: A difference of 2,627.23 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.9759

2.4048

JanuMarcMayJulySeptNove

CDF to MGA 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 2.5422, compared to 2.8108 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2686 points.

H1 Avg (Jan–Jun) 2.5422

H2 Avg (Jul–Dec) 2.8108

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.1329 MGA (High: 2.8727 / Low: 2.7398). On the other end, March was the most stable month, with a tight range of 0.0465 MGA (High: 2.5632 / Low: 2.5167).

September Spread (Volatile) ±0.1329

March Spread (Stable) ±0.0465

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1208 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.1208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 2.9283) against the same month in 2013 (average: 2.4224), the exchange rate shifted by +0.5059 (+20.88%).

2014 Avg (November) 2.9283

2013 Avg (November) 2.4224

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4844	2.4302	2.4524
February	2.5468	2.4847	2.5190
March	2.5632	2.5167	2.5432
April	2.5924	2.5349	2.5559
May	2.6061	2.5576	2.5772
June	2.6508	2.5532	2.6056
July	2.7018	2.6245	2.6628
August	2.7685	2.6774	2.7322
September	2.8727	2.7398	2.8150
October	2.9543	2.8801	2.9193
November	2.9557	2.8956	2.9283
December	2.8830	2.7572	2.8075