2014 GHS to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 GHS to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the GHS to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 12.9843. Conversely, the yearly low was recorded on August 19, dropping to 7.8220.
This high-to-low spread represents a total annual volatility of 5.1623 MZN. From a start-to-finish perspective, comparing the January average rate of 12.6695 to the December average rate of 10.3325, the exchange rate registered a net change of -18.45% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 12.9843 was down 19.29% compared to the 2013 peak of 16.0867, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GHS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
GHS to MZN 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 11.6339, compared to 9.3083 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3256 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was September, with a trading range of 1.3963 MZN (High: 9.4137 / Low: 8.0174). On the other end, October was the most stable month, with a tight range of 0.2809 MZN (High: 9.7231 / Low: 9.4423).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.9331 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2014: 12.7035) against the same month in 2013 (average: 15.7747), the exchange rate shifted by -3.0712 (-19.47%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.9554 | 12.5487 | 12.6695 |
| February | 12.9843 | 12.4015 | 12.7035 |
| March | 12.6234 | 11.5933 | 12.2179 |
| April | 11.6275 | 10.9859 | 11.2905 |
| May | 11.0921 | 10.4222 | 10.8003 |
| June | 10.5707 | 9.5980 | 10.1214 |
| July | 9.6703 | 8.6528 | 9.1883 |
| August | 9.0237 | 7.8220 | 8.3596 |
| September | 9.4137 | 8.0174 | 8.5920 |
| October | 9.7231 | 9.4423 | 9.6165 |
| November | 9.9816 | 9.5944 | 9.7612 |
| December | 10.6026 | 9.8856 | 10.3325 |