2014 GEL to MZN Historical Review

YEARLY HIGH

19.2440 MZN

YEARLY LOW

17.0060 MZN

YEARLY AVERAGE

17.7595 MZN

2014 GEL to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GEL to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 19.2440. Conversely, the yearly low was recorded on January 18, dropping to 17.0060.

This high-to-low spread represents a total annual volatility of 2.2381 MZN. From a start-to-finish perspective, comparing the January average rate of 17.1321 to the December average rate of 18.5789, the exchange rate registered a net change of 8.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 19.2440 was up 3.82% compared to the 2013 peak of 18.5362, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 96,220 MZN

2013 Average 89,859 MZN

Yearly Trough Low 85,030 MZN

Transaction Impact: A difference of 11,190.26 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

18.7236

16.9874

JanuMarcMayJulySeptNove

GEL to MZN 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 17.7836, compared to 17.7353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0483 points.

H1 Avg (Jan–Jun) 17.7836

H2 Avg (Jul–Dec) 17.7353

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 1.9011 MZN (High: 19.2440 / Low: 17.3429). On the other end, August was the most stable month, with a tight range of 0.1390 MZN (High: 17.4932 / Low: 17.3543).

December Spread (Volatile) ±1.9011

August Spread (Stable) ±0.1390

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3507 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3507

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 18.5789) against the same month in 2013 (average: 17.2948), the exchange rate shifted by +1.2841 (+7.42%).

2014 Avg (December) 18.5789

2013 Avg (December) 17.2948

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.4631	17.0060	17.1321
February	18.5424	17.3638	18.0604
March	18.4797	17.7730	18.0997
April	18.0103	17.5316	17.7490
May	17.9765	17.5717	17.8363
June	17.8875	17.7060	17.8244
July	17.8434	17.4195	17.6146
August	17.4932	17.3543	17.4256
September	17.5947	17.3427	17.4450
October	17.7951	17.5279	17.6771
November	17.7974	17.4587	17.6706
December	19.2440	17.3429	18.5789