2014 JMD to MZN Historical Review

YEARLY HIGH

0.3013 MZN

YEARLY LOW

0.2684 MZN

YEARLY AVERAGE

0.2820 MZN

2014 JMD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the JMD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.3013. Conversely, the yearly low was recorded on September 4, dropping to 0.2684.

This high-to-low spread represents a total annual volatility of 0.0329 MZN. From a start-to-finish perspective, comparing the January average rate of 0.2839 to the December average rate of 0.2905, the exchange rate registered a net change of 2.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3013 was down 8.78% compared to the 2013 peak of 0.3303, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,506 MZN

2013 Average 1,501 MZN

Yearly Trough Low 1,342 MZN

Transaction Impact: A difference of 164.29 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2969

0.2675

JanuMarcMayJulySeptNove

JMD 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 0.2870, compared to 0.2770 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0100 points.

H1 Avg (Jan–Jun) 0.2870

H2 Avg (Jul–Dec) 0.2770

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0172 MZN (High: 0.2970 / Low: 0.2798). On the other end, August was the most stable month, with a tight range of 0.0018 MZN (High: 0.2707 / Low: 0.2689).

December Spread (Volatile) ±0.0172

August Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between 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 0.0070 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 0.2945) against the same month in 2013 (average: 0.3212), the exchange rate shifted by -0.0268 (-8.33%).

2014 Avg (February) 0.2945

2013 Avg (February) 0.3212

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2891	0.2817	0.2839
February	0.3013	0.2869	0.2945
March	0.3000	0.2858	0.2913
April	0.2893	0.2820	0.2849
May	0.2864	0.2829	0.2846
June	0.2847	0.2812	0.2831
July	0.2815	0.2708	0.2761
August	0.2707	0.2689	0.2699
September	0.2749	0.2684	0.2715
October	0.2780	0.2741	0.2764
November	0.2817	0.2744	0.2777
December	0.2970	0.2798	0.2905