YEARLY HIGH
0.7641 ZAR
YEARLY LOW
0.6689 ZAR
YEARLY AVERAGE
0.7049 ZAR

2014 MVR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MVR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.7641. Conversely, the yearly low was recorded on May 24, dropping to 0.6689.

This high-to-low spread represents a total annual volatility of 0.0952 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.7048 to the December average rate of 0.7521, the exchange rate registered a net change of 6.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.7641 was up 11.40% compared to the 2013 peak of 0.6859, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,821 ZAR
2013 Average 3,136 ZAR
Yearly Trough Low 3,344 ZAR
Transaction Impact: A difference of 476.23 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.7598
0.6675
JanuMarcMayJulySeptNove

MVR 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 0.6942, compared to 0.7156 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0214 points.

H1 Avg (Jan–Jun) 0.6942
H2 Avg (Jul–Dec) 0.7156

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0475 ZAR (High: 0.7305 / Low: 0.6829). On the other end, August was the most stable month, with a tight range of 0.0113 ZAR (High: 0.6984 / Low: 0.6871).

January Spread (Volatile) ±0.0475
August Spread (Stable) ±0.0113

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0144 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.7521) against the same month in 2013 (average: 0.6737), the exchange rate shifted by +0.0784 (+11.63%).

2014 Avg (December) 0.7521
2013 Avg (December) 0.6737

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7305 0.6829 0.7048
February 0.7277 0.6952 0.7120
March 0.7078 0.6827 0.6976
April 0.6923 0.6754 0.6847
May 0.6840 0.6689 0.6752
June 0.7002 0.6812 0.6908
July 0.7014 0.6820 0.6920
August 0.6984 0.6871 0.6928
September 0.7322 0.6937 0.7139
October 0.7377 0.7041 0.7194
November 0.7317 0.7154 0.7233
December 0.7641 0.7209 0.7521