2014 MGA to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 MGA to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the MGA to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 11.0447. Conversely, the yearly low was recorded on October 25, dropping to 9.7625.
This high-to-low spread represents a total annual volatility of 1.2822 IRR. From a start-to-finish perspective, comparing the January average rate of 10.9200 to the December average rate of 10.3484, the exchange rate registered a net change of -5.23% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 11.0447 was down 3.18% compared to the 2013 peak of 11.4076, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MGA based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
MGA to IRR 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 10.7274, compared to 10.2111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5164 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was December, with a trading range of 0.4959 IRR (High: 10.5199 / Low: 10.0240). On the other end, May was the most stable month, with a tight range of 0.1740 IRR (High: 10.8078 / Low: 10.6338).
Growth Streaks & Declines
TrendsNo 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 0.3549 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2014: 10.9200) against the same month in 2013 (average: 5.4875), the exchange rate shifted by +5.4325 (+99.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.0447 | 10.8038 | 10.9200 |
| February | 10.8006 | 10.6120 | 10.6920 |
| March | 10.8408 | 10.5655 | 10.6508 |
| April | 10.8297 | 10.6182 | 10.7348 |
| May | 10.8078 | 10.6338 | 10.7315 |
| June | 10.8674 | 10.4992 | 10.6355 |
| July | 10.6095 | 10.3387 | 10.5096 |
| August | 10.6340 | 10.3220 | 10.4510 |
| September | 10.4980 | 10.0222 | 10.2273 |
| October | 10.0150 | 9.7625 | 9.8724 |
| November | 9.9886 | 9.7657 | 9.8576 |
| December | 10.5199 | 10.0240 | 10.3484 |