YEARLY HIGH
0.0114 ZAR
YEARLY LOW
0.0104 ZAR
YEARLY AVERAGE
0.0110 ZAR

2014 MMK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MMK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 0.0114. Conversely, the yearly low was recorded on November 22, dropping to 0.0104.

This high-to-low spread represents a total annual volatility of 0.0010 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0110 to the December average rate of 0.0112, the exchange rate registered a net change of 1.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0114 was up 6.55% compared to the 2013 peak of 0.0107, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 57 ZAR
2013 Average 52 ZAR
Yearly Trough Low 52 ZAR
Transaction Impact: A difference of 5.15 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0112
0.0108
JanuMarcMayJulySeptNove

MMK 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 0.0110, compared to 0.0110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0110
H2 Avg (Jul–Dec) 0.0110

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0008 ZAR (High: 0.0114 / Low: 0.0106). On the other end, August was the most stable month, with a tight range of 0.0002 ZAR (High: 0.0111 / Low: 0.0109).

January Spread (Volatile) ±0.0008
August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0110) against the same month in 2013 (average: 0.0102), the exchange rate shifted by +0.0008 (+7.57%).

2014 Avg (January) 0.0110
2013 Avg (January) 0.0102

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0114 0.0106 0.0110
February 0.0114 0.0109 0.0111
March 0.0113 0.0109 0.0111
April 0.0111 0.0108 0.0110
May 0.0110 0.0107 0.0108
June 0.0111 0.0109 0.0110
July 0.0111 0.0108 0.0110
August 0.0111 0.0109 0.0110
September 0.0114 0.0110 0.0112
October 0.0114 0.0108 0.0112
November 0.0111 0.0104 0.0108
December 0.0113 0.0107 0.0112