2014 JPY to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 JPY to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the JPY to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 25.5456. Conversely, the yearly low was recorded on January 1, dropping to 21.2943.
This high-to-low spread represents a total annual volatility of 4.2513 MGA. From a start-to-finish perspective, comparing the January average rate of 21.8143 to the December average rate of 21.7512, the exchange rate registered a net change of -0.29% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 25.5456 was down 2.33% compared to the 2013 peak of 26.1555, indicating shifts in long-term support levels.
Comparing the value generated converting 500,000 JPY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
JPY 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 22.9015, compared to 23.8190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9176 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was November, with a trading range of 1.5159 MGA (High: 24.0833 / Low: 22.5674). On the other end, May was the most stable month, with a tight range of 0.4754 MGA (High: 23.5417 / Low: 23.0663).
Growth Streaks & Declines
TrendsBetween January and August, 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 October and November, when the average rate fell by 1.6531 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2014: 24.9827) against the same month in 2013 (average: 22.7595), the exchange rate shifted by +2.2232 (+9.77%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.5127 | 21.2943 | 21.8143 |
| February | 23.0035 | 22.5135 | 22.7483 |
| March | 23.2295 | 22.5604 | 22.9325 |
| April | 23.2588 | 22.5467 | 23.0139 |
| May | 23.5417 | 23.0663 | 23.3356 |
| June | 23.8755 | 23.1787 | 23.5641 |
| July | 24.4417 | 23.8187 | 24.1525 |
| August | 24.7432 | 24.1722 | 24.4879 |
| September | 24.5976 | 23.9581 | 24.2101 |
| October | 25.5456 | 24.2276 | 24.9827 |
| November | 24.0833 | 22.5674 | 23.3297 |
| December | 22.4494 | 21.3473 | 21.7512 |