2014 NZD to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 NZD to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the NZD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 258.5653. Conversely, the yearly low was recorded on December 8, dropping to 220.9515.
This high-to-low spread represents a total annual volatility of 37.6138 MRO. From a start-to-finish perspective, comparing the January average rate of 240.4321 to the December average rate of 225.7647, the exchange rate registered a net change of -6.10% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 258.5653 was up 1.45% compared to the 2013 peak of 254.8783, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
NZD to MRO 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 248.3115, compared to 236.8443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.4672 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was September, with a trading range of 17.7407 MRO (High: 244.0876 / Low: 226.3469). On the other end, August was the most stable month, with a tight range of 6.5368 MRO (High: 248.7849 / Low: 242.2481).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 9.1372 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2014: 254.1086) against the same month in 2013 (average: 232.0762), the exchange rate shifted by +22.0323 (+9.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 243.2482 | 235.2968 | 240.4321 |
| February | 243.8887 | 235.2206 | 240.9850 |
| March | 257.8650 | 243.4483 | 249.3858 |
| April | 258.5653 | 251.0184 | 254.1086 |
| May | 256.2322 | 247.7191 | 252.6918 |
| June | 257.3074 | 246.1209 | 252.2658 |
| July | 258.0361 | 247.7129 | 253.4386 |
| August | 248.7849 | 242.2481 | 246.3404 |
| September | 244.0876 | 226.3469 | 237.2032 |
| October | 233.8365 | 226.8588 | 229.5906 |
| November | 231.9166 | 225.0841 | 228.7281 |
| December | 228.3946 | 220.9515 | 225.7647 |