2014 MZN to CVE Historical Review

YEARLY HIGH

2.8559 CVE

YEARLY LOW

2.4580 CVE

YEARLY AVERAGE

2.6482 CVE

2014 MZN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MZN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 2.8559. Conversely, the yearly low was recorded on March 2, dropping to 2.4580.

This high-to-low spread represents a total annual volatility of 0.3979 CVE. From a start-to-finish perspective, comparing the January average rate of 2.6732 to the December average rate of 2.6974, the exchange rate registered a net change of 0.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.8559 was down 1.27% compared to the 2013 peak of 2.8926, 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 14,279 CVE

2013 Average 13,861 CVE

Yearly Trough Low 12,290 CVE

Transaction Impact: A difference of 1,989.43 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.8394

2.4756

JanuMarcMayJulySeptNove

MZN to CVE 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 2.5618, compared to 2.7347 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1729 points.

H1 Avg (Jan–Jun) 2.5618

H2 Avg (Jul–Dec) 2.7347

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.1905 CVE (High: 2.8061 / Low: 2.6155). On the other end, June was the most stable month, with a tight range of 0.0360 CVE (High: 2.5806 / Low: 2.5446).

December Spread (Volatile) ±0.1905

June Spread (Stable) ±0.0360

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1337 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1337

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 2.8091) against the same month in 2013 (average: 2.7207), the exchange rate shifted by +0.0885 (+3.25%).

2014 Avg (November) 2.8091

2013 Avg (November) 2.7207

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7050	2.5977	2.6732
February	2.6411	2.4590	2.5396
March	2.5681	2.4580	2.5059
April	2.5784	2.5122	2.5476
May	2.5657	2.5098	2.5410
June	2.5806	2.5446	2.5636
July	2.6884	2.5471	2.6127
August	2.7414	2.6863	2.7115
September	2.8379	2.7382	2.7888
October	2.8327	2.7472	2.7886
November	2.8559	2.7646	2.8091
December	2.8061	2.6155	2.6974