2014 PEN to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 PEN to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the PEN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 11.5698. Conversely, the yearly low was recorded on November 14, dropping to 10.5413.
This high-to-low spread represents a total annual volatility of 1.0285 MZN. From a start-to-finish perspective, comparing the January average rate of 10.7497 to the December average rate of 11.1739, the exchange rate registered a net change of 3.95% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 11.5698 was down 2.77% compared to the 2013 peak of 11.8988, 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 MZN 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 11.1687, compared to 10.8625 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3062 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was December, with a trading range of 0.6654 MZN (High: 11.4559 / Low: 10.7905). On the other end, October was the most stable month, with a tight range of 0.1297 MZN (High: 10.7586 / Low: 10.6289).
Growth Streaks & Declines
TrendsBetween September and December, 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 July and August, when the average rate fell by 0.3364 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2014: 11.2503) against the same month in 2013 (average: 11.6665), the exchange rate shifted by -0.4162 (-3.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.9751 | 10.6424 | 10.7497 |
| February | 11.5698 | 10.9060 | 11.2503 |
| March | 11.5652 | 11.0993 | 11.2853 |
| April | 11.3225 | 11.0356 | 11.1802 |
| May | 11.4005 | 11.0516 | 11.2711 |
| June | 11.3978 | 11.2021 | 11.2758 |
| July | 11.3118 | 10.9149 | 11.1304 |
| August | 10.8836 | 10.6910 | 10.7940 |
| September | 10.7462 | 10.5527 | 10.6671 |
| October | 10.7586 | 10.6289 | 10.6950 |
| November | 10.9223 | 10.5413 | 10.7147 |
| December | 11.4559 | 10.7905 | 11.1739 |