2014 ETB to MGA Historical Review

YEARLY HIGH

136.6492 MGA

YEARLY LOW

116.9677 MGA

YEARLY AVERAGE

125.5992 MGA

2014 ETB to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 136.6492. Conversely, the yearly low was recorded on January 2, dropping to 116.9677.

This high-to-low spread represents a total annual volatility of 19.6816 MGA. From a start-to-finish perspective, comparing the January average rate of 118.2706 to the December average rate of 128.8663, the exchange rate registered a net change of 8.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 136.6492 was up 10.14% compared to the 2013 peak of 124.0635, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 683,246 MGA

2013 Average 591,576 MGA

Yearly Trough Low 584,838 MGA

Transaction Impact: A difference of 98,407.78 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

136.6042

116.6039

JanuMarcMayJulySeptNove

ETB 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 121.0644, compared to 130.1340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.0696 points.

H1 Avg (Jan–Jun) 121.0644

H2 Avg (Jul–Dec) 130.1340

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 6.1783 MGA (High: 133.2297 / Low: 127.0514). On the other end, April was the most stable month, with a tight range of 1.7272 MGA (High: 122.0100 / Low: 120.2828).

September Spread (Volatile) ±6.1783

April Spread (Stable) ±1.7272

Growth Streaks & Declines

Trends

Between April and November, 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 6.0712 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -6.0712

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 134.8306) against the same month in 2013 (average: 117.5269), the exchange rate shifted by +17.3037 (+14.72%).

2014 Avg (October) 134.8306

2013 Avg (October) 117.5269

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	119.7848	116.9677	118.2706
February	121.9389	119.6927	120.7397
March	122.9955	120.2701	121.6080
April	122.0100	120.2828	121.2301
May	122.9660	120.7580	121.7733
June	124.3869	120.2524	122.7647
July	126.2525	123.0130	124.5640
August	128.8081	124.8869	127.1838
September	133.2297	127.0514	130.4217
October	136.6492	132.9183	134.8306
November	136.3573	133.0803	134.9375
December	132.6541	126.6369	128.8663