2014 DKK to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 DKK to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the DKK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 466.0013. Conversely, the yearly low was recorded on January 4, dropping to 409.6124.
This high-to-low spread represents a total annual volatility of 56.3889 MGA. From a start-to-finish perspective, comparing the January average rate of 413.8497 to the December average rate of 430.2009, the exchange rate registered a net change of 3.95% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 466.0013 was up 11.64% compared to the 2013 peak of 417.4143, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DKK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
DKK 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 430.9427, compared to 448.4590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.5163 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was December, with a trading range of 24.4708 MGA (High: 445.8330 / Low: 421.3623). On the other end, January was the most stable month, with a tight range of 8.2649 MGA (High: 417.8773 / Low: 409.6124).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 24.0357 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2014: 459.3561) against the same month in 2013 (average: 407.1508), the exchange rate shifted by +52.2053 (+12.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 417.8773 | 409.6124 | 413.8497 |
| February | 432.7069 | 415.9016 | 425.2608 |
| March | 438.8815 | 429.8157 | 434.6209 |
| April | 441.4593 | 430.9353 | 436.1781 |
| May | 444.0140 | 430.9340 | 437.2695 |
| June | 444.1446 | 432.3896 | 438.4771 |
| July | 452.1035 | 441.9766 | 446.3002 |
| August | 455.3895 | 443.6604 | 450.5000 |
| September | 454.3596 | 442.6097 | 450.1598 |
| October | 466.0013 | 448.9284 | 459.3561 |
| November | 459.7410 | 448.7918 | 454.2366 |
| December | 445.8330 | 421.3623 | 430.2009 |