YEARLY HIGH
0.0049 ZAR
YEARLY LOW
0.0040 ZAR
YEARLY AVERAGE
0.0044 ZAR

2014 MGA to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MGA to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 0.0049. Conversely, the yearly low was recorded on October 28, dropping to 0.0040.

This high-to-low spread represents a total annual volatility of 0.0009 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0048 to the December average rate of 0.0044, the exchange rate registered a net change of -7.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0049 was up 3.37% compared to the 2013 peak of 0.0048, 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 25 ZAR
2013 Average 22 ZAR
Yearly Trough Low 20 ZAR
Transaction Impact: A difference of 4.66 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0049
0.0040
JanuMarcMayJulySeptNove

MGA to ZAR 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 0.0046, compared to 0.0042 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0046
H2 Avg (Jul–Dec) 0.0042

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0004 ZAR (High: 0.0046 / Low: 0.0041). On the other end, November was the most stable month, with a tight range of 0.0001 ZAR (High: 0.0042 / Low: 0.0040).

December Spread (Volatile) ±0.0004
November 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 February and March, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0048) against the same month in 2013 (average: 0.0039), the exchange rate shifted by +0.0009 (+21.94%).

2014 Avg (January) 0.0048
2013 Avg (January) 0.0039

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0049 0.0047 0.0048
February 0.0049 0.0046 0.0047
March 0.0047 0.0045 0.0046
April 0.0045 0.0044 0.0045
May 0.0044 0.0043 0.0044
June 0.0045 0.0044 0.0044
July 0.0044 0.0042 0.0043
August 0.0043 0.0042 0.0042
September 0.0043 0.0041 0.0042
October 0.0042 0.0040 0.0041
November 0.0042 0.0040 0.0041
December 0.0046 0.0041 0.0044