2014 EUR to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 EUR to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the EUR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 3476.7593. Conversely, the yearly low was recorded on January 3, dropping to 3053.1513.
This high-to-low spread represents a total annual volatility of 423.6080 MGA. From a start-to-finish perspective, comparing the January average rate of 3087.3132 to the December average rate of 3200.1888, the exchange rate registered a net change of 3.66% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 3476.7593 was up 11.58% compared to the 2013 peak of 3116.0627, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
EUR 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 3215.9625, compared to 3339.1032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 123.1407 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was December, with a trading range of 182.5241 MGA (High: 3314.2579 / Low: 3131.7339). On the other end, January was the most stable month, with a tight range of 67.5699 MGA (High: 3120.7213 / Low: 3053.1513).
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 179.6598 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2014: 3419.6572) against the same month in 2013 (average: 3037.2058), the exchange rate shifted by +382.4514 (+12.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3120.7213 | 3053.1513 | 3087.3132 |
| February | 3234.7356 | 3101.4595 | 3174.0820 |
| March | 3275.5277 | 3206.2068 | 3243.9094 |
| April | 3293.5427 | 3213.7145 | 3256.5660 |
| May | 3316.5581 | 3214.0947 | 3263.3322 |
| June | 3311.2306 | 3226.0538 | 3270.5721 |
| July | 3375.1703 | 3291.9672 | 3327.3814 |
| August | 3394.4932 | 3306.8597 | 3357.7032 |
| September | 3381.2062 | 3294.6739 | 3349.8400 |
| October | 3476.7593 | 3335.0853 | 3419.6572 |
| November | 3425.2411 | 3337.7073 | 3379.8485 |
| December | 3314.2579 | 3131.7339 | 3200.1888 |