2014 MZN to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 MZN to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the MZN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 88.3794. Conversely, the yearly low was recorded on February 22, dropping to 71.8841.
This high-to-low spread represents a total annual volatility of 16.4953 MGA. From a start-to-finish perspective, comparing the January average rate of 75.0555 to the December average rate of 78.5994, the exchange rate registered a net change of 4.72% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 88.3794 was up 14.91% compared to the 2013 peak of 76.9109, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
MZN to MGA 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 75.0025, compared to 83.2104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.2079 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was December, with a trading range of 8.1046 MGA (High: 83.9823 / Low: 75.8777). On the other end, May was the most stable month, with a tight range of 1.3374 MGA (High: 76.2221 / Low: 74.8846).
Growth Streaks & Declines
TrendsBetween February and October, 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 November and December, when the average rate fell by 7.8850 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2014: 86.4843) against the same month in 2013 (average: 74.7600), the exchange rate shifted by +11.7243 (+15.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 75.7897 | 73.5916 | 75.0555 |
| February | 74.8045 | 71.8841 | 73.4094 |
| March | 75.5434 | 72.2449 | 74.0959 |
| April | 76.7565 | 74.8203 | 75.5503 |
| May | 76.2221 | 74.8846 | 75.5657 |
| June | 77.3354 | 74.6852 | 76.3381 |
| July | 81.7721 | 77.0135 | 79.2524 |
| August | 84.1075 | 81.5973 | 83.0221 |
| September | 86.7535 | 83.0667 | 85.0558 |
| October | 87.8832 | 85.5974 | 86.8486 |
| November | 88.3794 | 84.1812 | 86.4843 |
| December | 83.9823 | 75.8777 | 78.5994 |