YEARLY HIGH
0.0085 ETB
YEARLY LOW
0.0073 ETB
YEARLY AVERAGE
0.0080 ETB

2014 MGA to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MGA to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0085. Conversely, the yearly low was recorded on October 15, dropping to 0.0073.

This high-to-low spread represents a total annual volatility of 0.0012 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0085 to the December average rate of 0.0078, the exchange rate registered a net change of -8.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0085 was down 1.40% compared to the 2013 peak of 0.0087, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 43 ETB
2013 Average 42 ETB
Yearly Trough Low 37 ETB
Transaction Impact: A difference of 6.16 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0086
0.0073
JanuMarcMayJulySeptNove

MGA to ETB 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 0.0083, compared to 0.0077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0083
H2 Avg (Jul–Dec) 0.0077

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0004 ETB (High: 0.0079 / Low: 0.0075). On the other end, April was the most stable month, with a tight range of 0.0001 ETB (High: 0.0083 / Low: 0.0082).

September Spread (Volatile) ±0.0004
April Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0003 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0085) against the same month in 2013 (average: 0.0082), the exchange rate shifted by +0.0003 (+3.33%).

2014 Avg (January) 0.0085
2013 Avg (January) 0.0082

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0085 0.0083 0.0085
February 0.0084 0.0082 0.0083
March 0.0083 0.0081 0.0082
April 0.0083 0.0082 0.0082
May 0.0083 0.0081 0.0082
June 0.0083 0.0080 0.0081
July 0.0081 0.0079 0.0080
August 0.0080 0.0078 0.0079
September 0.0079 0.0075 0.0077
October 0.0075 0.0073 0.0074
November 0.0075 0.0073 0.0074
December 0.0079 0.0075 0.0078