2014 NPR to MZN Historical Review

YEARLY HIGH

0.3368 MZN

YEARLY LOW

0.2996 MZN

YEARLY AVERAGE

0.3198 MZN

2014 NPR to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NPR to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.3368. Conversely, the yearly low was recorded on January 3, dropping to 0.2996.

This high-to-low spread represents a total annual volatility of 0.0372 MZN. From a start-to-finish perspective, comparing the January average rate of 0.3040 to the December average rate of 0.3297, the exchange rate registered a net change of 8.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3368 was down 5.17% compared to the 2013 peak of 0.3551, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NPR based on timing:

Yearly Peak High 1,684 MZN

2013 Average 1,604 MZN

Yearly Trough Low 1,498 MZN

Transaction Impact: A difference of 185.99 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3328

0.3013

JanuMarcMayJulySeptNove

NPR 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 0.3214, compared to 0.3182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.3214

H2 Avg (Jul–Dec) 0.3182

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.0205 MZN (High: 0.3274 / Low: 0.3069). On the other end, August was the most stable month, with a tight range of 0.0055 MZN (High: 0.3142 / Low: 0.3087).

February Spread (Volatile) ±0.0205

August Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 0.0108 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.3302) against the same month in 2013 (average: 0.3416), the exchange rate shifted by -0.0114 (-3.34%).

2014 Avg (May) 0.3302

2013 Avg (May) 0.3416

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3092	0.2996	0.3040
February	0.3274	0.3069	0.3179
March	0.3273	0.3189	0.3241
April	0.3293	0.3178	0.3230
May	0.3368	0.3214	0.3302
June	0.3331	0.3261	0.3295
July	0.3287	0.3162	0.3223
August	0.3142	0.3087	0.3115
September	0.3166	0.3111	0.3134
October	0.3188	0.3125	0.3158
November	0.3212	0.3123	0.3167
December	0.3367	0.3207	0.3297