YEARLY HIGH
0.1024 MGA
YEARLY LOW
0.0905 MGA
YEARLY AVERAGE
0.0956 MGA

2014 IRR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the IRR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.1024. Conversely, the yearly low was recorded on January 1, dropping to 0.0905.

This high-to-low spread represents a total annual volatility of 0.0119 MGA. From a start-to-finish perspective, comparing the January average rate of 0.0916 to the December average rate of 0.0967, the exchange rate registered a net change of 5.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1024 was down 44.53% compared to the 2013 peak of 0.1847, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 512 MGA
2013 Average 711 MGA
Yearly Trough Low 453 MGA
Transaction Impact: A difference of 59.46 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1024
0.0906
JanuMarcMayJulySeptNove

IRR 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 0.0932, compared to 0.0980 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.0932
H2 Avg (Jul–Dec) 0.0980

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0047 MGA (High: 0.0998 / Low: 0.0951). On the other end, May was the most stable month, with a tight range of 0.0015 MGA (High: 0.0940 / Low: 0.0925).

December Spread (Volatile) ±0.0047
May Spread (Stable) ±0.0015

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 0.0048 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.1013) against the same month in 2013 (average: 0.0897), the exchange rate shifted by +0.0116 (+12.88%).

2014 Avg (October) 0.1013
2013 Avg (October) 0.0897

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0926 0.0905 0.0916
February 0.0942 0.0926 0.0935
March 0.0946 0.0922 0.0939
April 0.0942 0.0923 0.0932
May 0.0940 0.0925 0.0932
June 0.0952 0.0920 0.0940
July 0.0967 0.0943 0.0952
August 0.0969 0.0940 0.0957
September 0.0998 0.0953 0.0978
October 0.1024 0.0999 0.1013
November 0.1024 0.1001 0.1014
December 0.0998 0.0951 0.0967