YEARLY HIGH
2166.0844 MGA
YEARLY LOW
1834.4547 MGA
YEARLY AVERAGE
2049.0229 MGA

2014 NZD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NZD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 2166.0844. Conversely, the yearly low was recorded on January 2, dropping to 1834.4547.

This high-to-low spread represents a total annual volatility of 331.6296 MGA. From a start-to-finish perspective, comparing the January average rate of 1874.0904 to the December average rate of 2017.8115, the exchange rate registered a net change of 7.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2166.0844 was up 13.43% compared to the 2013 peak of 1909.6789, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,830,422 MGA
2013 Average 9,079,338 MGA
Yearly Trough Low 9,172,274 MGA
Transaction Impact: A difference of 1,658,148.08 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2160.4077
1848.0616
JanuMarcMayJulySeptNove

NZD to MGA 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 1991.6967, compared to 2106.3490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 114.6524 points.

H1 Avg (Jan–Jun) 1991.6967
H2 Avg (Jul–Dec) 2106.3490

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 117.1960 MGA (High: 2091.3002 / Low: 1974.1042). On the other end, July was the most stable month, with a tight range of 52.9815 MGA (High: 2164.6987 / Low: 2111.7172).

December Spread (Volatile) ±117.1960
July Spread (Stable) ±52.9815

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 105.0322 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -105.0322

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 2122.8437) against the same month in 2013 (average: 1847.7608), the exchange rate shifted by +275.0829 (+14.89%).

2014 Avg (November) 2122.8437
2013 Avg (November) 1847.7608

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1898.2695 1834.4547 1874.0904
February 1965.5738 1859.0186 1925.0271
March 2042.3213 1953.3375 2000.6266
April 2061.9663 2001.9106 2030.4438
May 2077.1197 2008.5983 2044.4161
June 2120.6163 2016.1884 2075.5760
July 2164.6987 2111.7172 2134.3788
August 2147.6546 2093.7796 2127.1087
September 2153.2452 2063.4507 2114.7427
October 2163.6207 2069.9459 2121.2088
November 2166.0844 2071.7826 2122.8437
December 2091.3002 1974.1042 2017.8115