2014 MRO to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 MRO to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the MRO to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.3103. Conversely, the yearly low was recorded on April 13, dropping to 0.2659.
This high-to-low spread represents a total annual volatility of 0.0444 CVE. From a start-to-finish perspective, comparing the January average rate of 0.2776 to the December average rate of 0.3068, the exchange rate registered a net change of 10.53% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 0.3103 was down 4.04% compared to the 2013 peak of 0.3234, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MRO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
MRO to CVE 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 0.2738, compared to 0.2928 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0190 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was September, with a trading range of 0.0106 CVE (High: 0.2976 / Low: 0.2870). On the other end, June was the most stable month, with a tight range of 0.0038 CVE (High: 0.2784 / Low: 0.2746).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0050 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2014: 0.3068) against the same month in 2013 (average: 0.2754), the exchange rate shifted by +0.0315 (+11.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.2797 | 0.2743 | 0.2776 |
| February | 0.2800 | 0.2736 | 0.2763 |
| March | 0.2756 | 0.2685 | 0.2713 |
| April | 0.2746 | 0.2659 | 0.2695 |
| May | 0.2760 | 0.2679 | 0.2721 |
| June | 0.2784 | 0.2746 | 0.2763 |
| July | 0.2803 | 0.2751 | 0.2777 |
| August | 0.2863 | 0.2798 | 0.2820 |
| September | 0.2976 | 0.2870 | 0.2924 |
| October | 0.3011 | 0.2923 | 0.2966 |
| November | 0.3043 | 0.2968 | 0.3015 |
| December | 0.3103 | 0.3025 | 0.3068 |