2014 PEN to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 PEN to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the PEN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 938.9059. Conversely, the yearly low was recorded on January 2, dropping to 798.7642.
This high-to-low spread represents a total annual volatility of 140.1417 MGA. From a start-to-finish perspective, comparing the January average rate of 806.7787 to the December average rate of 877.6432, the exchange rate registered a net change of 8.78% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 938.9059 was up 5.62% compared to the 2013 peak of 888.9472, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PEN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
PEN to MGA 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 837.6032, compared to 903.0610 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 65.4578 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was December, with a trading range of 48.9866 MGA (High: 910.5695 / Low: 861.5829). On the other end, March was the most stable month, with a tight range of 12.5056 MGA (High: 841.5610 / Low: 829.0555).
Growth Streaks & Declines
TrendsBetween January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 48.8858 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2014: 928.8380) against the same month in 2013 (average: 803.9837), the exchange rate shifted by +124.8544 (+15.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 814.0764 | 798.7642 | 806.7787 |
| February | 836.5338 | 814.1291 | 825.6808 |
| March | 841.5610 | 829.0555 | 836.0575 |
| April | 852.5885 | 831.1263 | 844.6336 |
| May | 864.5821 | 840.3623 | 851.7059 |
| June | 872.0771 | 842.5359 | 860.7627 |
| July | 894.4298 | 866.8180 | 881.9665 |
| August | 904.9780 | 879.3108 | 896.1160 |
| September | 919.0655 | 888.0299 | 907.2729 |
| October | 938.9059 | 916.0735 | 928.8380 |
| November | 933.5081 | 915.8603 | 926.5290 |
| December | 910.5695 | 861.5829 | 877.6432 |