2014 MZN to TOP Historical Review

YEARLY HIGH

0.0649 TOP

YEARLY LOW

0.0574 TOP

YEARLY AVERAGE

0.0604 TOP

2014 MZN to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MZN to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 0.0649. Conversely, the yearly low was recorded on February 26, dropping to 0.0574.

This high-to-low spread represents a total annual volatility of 0.0074 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0617 to the December average rate of 0.0593, the exchange rate registered a net change of -3.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0649 was up 1.87% compared to the 2013 peak of 0.0637, 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 324 TOP

2013 Average 300 TOP

Yearly Trough Low 287 TOP

Transaction Impact: A difference of 37.20 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0640

0.0581

JanuMarcMayJulySeptNove

MZN to TOP 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 0.0593, compared to 0.0615 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0593

H2 Avg (Jul–Dec) 0.0615

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0045 TOP (High: 0.0624 / Low: 0.0579). On the other end, June was the most stable month, with a tight range of 0.0011 TOP (High: 0.0596 / Low: 0.0585).

December Spread (Volatile) ±0.0045

June Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between March and November, 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 0.0041 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.0635) against the same month in 2013 (average: 0.0606), the exchange rate shifted by +0.0029 (+4.79%).

2014 Avg (November) 0.0635

2013 Avg (November) 0.0606

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0626	0.0603	0.0617
February	0.0611	0.0574	0.0591
March	0.0595	0.0576	0.0586
April	0.0601	0.0575	0.0587
May	0.0596	0.0577	0.0589
June	0.0596	0.0585	0.0590
July	0.0611	0.0577	0.0594
August	0.0621	0.0601	0.0612
September	0.0639	0.0607	0.0623
October	0.0637	0.0624	0.0631
November	0.0649	0.0618	0.0635
December	0.0624	0.0579	0.0593