2014 NGN to MZN Historical Review

YEARLY HIGH

0.1983 MZN

YEARLY LOW

0.1750 MZN

YEARLY AVERAGE

0.1894 MZN

2014 NGN to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.1983. Conversely, the yearly low was recorded on December 1, dropping to 0.1750.

This high-to-low spread represents a total annual volatility of 0.0233 MZN. From a start-to-finish perspective, comparing the January average rate of 0.1886 to the December average rate of 0.1819, the exchange rate registered a net change of -3.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1983 was up 1.92% compared to the 2013 peak of 0.1945, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 198,255 MZN

2013 Average 187,863 MZN

Yearly Trough Low 174,962 MZN

Transaction Impact: A difference of 23,293.00 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1957

0.1806

JanuMarcMayJulySeptNove

NGN to MZN 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 0.1924, compared to 0.1865 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.1924

H2 Avg (Jul–Dec) 0.1865

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0121 MZN (High: 0.1871 / Low: 0.1750). On the other end, June was the most stable month, with a tight range of 0.0021 MZN (High: 0.1943 / Low: 0.1922).

December Spread (Volatile) ±0.0121

June Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0061 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.1945) against the same month in 2013 (average: 0.1899), the exchange rate shifted by +0.0046 (+2.43%).

2014 Avg (May) 0.1945

2013 Avg (May) 0.1899

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1912	0.1868	0.1886
February	0.1969	0.1893	0.1932
March	0.1962	0.1891	0.1922
April	0.1949	0.1886	0.1925
May	0.1983	0.1932	0.1945
June	0.1943	0.1922	0.1932
July	0.1934	0.1884	0.1911
August	0.1886	0.1864	0.1875
September	0.1887	0.1860	0.1874
October	0.1905	0.1874	0.1887
November	0.1884	0.1781	0.1826
December	0.1871	0.1750	0.1819