2014 MZN to BTN Historical Review

YEARLY HIGH

2.0849 BTN

YEARLY LOW

1.8538 BTN

YEARLY AVERAGE

1.9529 BTN

2014 MZN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MZN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 2.0849. Conversely, the yearly low was recorded on May 24, dropping to 1.8538.

This high-to-low spread represents a total annual volatility of 0.2311 BTN. From a start-to-finish perspective, comparing the January average rate of 2.0554 to the December average rate of 1.8966, the exchange rate registered a net change of -7.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.0849 was down 8.27% compared to the 2013 peak of 2.2729, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,424 BTN

2013 Average 9,789 BTN

Yearly Trough Low 9,269 BTN

Transaction Impact: A difference of 1,155.52 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.0722

1.8707

JanuMarcMayJulySeptNove

MZN to BTN 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 1.9440, compared to 1.9618 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0178 points.

H1 Avg (Jan–Jun) 1.9440

H2 Avg (Jul–Dec) 1.9618

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.1217 BTN (High: 2.0335 / Low: 1.9118). On the other end, September was the most stable month, with a tight range of 0.0319 BTN (High: 2.0078 / Low: 1.9759).

February Spread (Volatile) ±0.1217

September Spread (Stable) ±0.0319

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0889 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0889

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 2.0554) against the same month in 2013 (average: 1.8308), the exchange rate shifted by +0.2246 (+12.27%).

2014 Avg (January) 2.0554

2013 Avg (January) 1.8308

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0849	2.0221	2.0554
February	2.0335	1.9118	1.9664
March	1.9548	1.9098	1.9256
April	1.9606	1.9022	1.9331
May	1.9439	1.8538	1.8875
June	1.9159	1.8741	1.8963
July	1.9825	1.8974	1.9368
August	2.0252	1.9836	2.0033
September	2.0078	1.9759	1.9900
October	1.9995	1.9578	1.9753
November	1.9936	1.9444	1.9688
December	1.9520	1.8560	1.8966