2014 MZN to ETB Historical Review

YEARLY HIGH

0.6602 ETB

YEARLY LOW

0.5941 ETB

YEARLY AVERAGE

0.6295 ETB

2014 MZN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MZN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 0.6602. Conversely, the yearly low was recorded on December 22, dropping to 0.5941.

This high-to-low spread represents a total annual volatility of 0.0660 ETB. From a start-to-finish perspective, comparing the January average rate of 0.6346 to the December average rate of 0.6097, the exchange rate registered a net change of -3.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6602 was up 2.72% compared to the 2013 peak of 0.6427, 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 3,301 ETB

2013 Average 3,128 ETB

Yearly Trough Low 2,971 ETB

Transaction Impact: A difference of 330.09 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.6572

0.6036

JanuMarcMayJulySeptNove

MZN to ETB 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 0.6196, compared to 0.6393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0197 points.

H1 Avg (Jan–Jun) 0.6196

H2 Avg (Jul–Dec) 0.6393

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0402 ETB (High: 0.6344 / Low: 0.5941). On the other end, August was the most stable month, with a tight range of 0.0045 ETB (High: 0.6543 / Low: 0.6497).

December Spread (Volatile) ±0.0402

August Spread (Stable) ±0.0045

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 November and December, when the average rate fell by 0.0312 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0312

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 0.6522) against the same month in 2013 (average: 0.6329), the exchange rate shifted by +0.0193 (+3.04%).

2014 Avg (September) 0.6522

2013 Avg (September) 0.6329

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6412	0.6192	0.6346
February	0.6241	0.5942	0.6080
March	0.6206	0.5961	0.6093
April	0.6295	0.6138	0.6232
May	0.6300	0.6178	0.6205
June	0.6253	0.6201	0.6218
July	0.6485	0.6227	0.6362
August	0.6543	0.6497	0.6528
September	0.6602	0.6454	0.6522
October	0.6488	0.6392	0.6441
November	0.6491	0.6309	0.6409
December	0.6344	0.5941	0.6097