2014 JOD to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 JOD to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the JOD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 3869.8954. Conversely, the yearly low was recorded on January 1, dropping to 3167.8010.
This high-to-low spread represents a total annual volatility of 702.0944 MGA. From a start-to-finish perspective, comparing the January average rate of 3206.1171 to the December average rate of 3671.4898, the exchange rate registered a net change of 14.52% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 3869.8954 was up 20.58% compared to the 2013 peak of 3209.4134, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
JOD 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 3314.4600, compared to 3668.5771 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 354.1170 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was December, with a trading range of 182.5675 MGA (High: 3792.3889 / Low: 3609.8213). On the other end, May was the most stable month, with a tight range of 57.6019 MGA (High: 3386.8459 / Low: 3329.2440).
Growth Streaks & Declines
TrendsBetween January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 161.1322 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2014: 3832.6220) against the same month in 2013 (average: 3164.1844), the exchange rate shifted by +668.4376 (+21.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3252.4007 | 3167.8010 | 3206.1171 |
| February | 3311.0661 | 3253.3878 | 3284.4673 |
| March | 3352.4481 | 3290.2954 | 3317.1959 |
| April | 3367.4084 | 3295.6492 | 3329.9092 |
| May | 3386.8459 | 3329.2440 | 3355.0606 |
| June | 3438.4123 | 3322.0249 | 3394.0101 |
| July | 3525.4179 | 3420.7962 | 3468.5996 |
| August | 3614.6136 | 3491.4925 | 3563.0897 |
| September | 3747.3245 | 3573.3291 | 3669.5353 |
| October | 3847.2444 | 3751.2928 | 3806.1260 |
| November | 3869.8954 | 3788.0501 | 3832.6220 |
| December | 3792.3889 | 3609.8213 | 3671.4898 |