2014 PHP to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 PHP to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the PHP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 11.0394. Conversely, the yearly low was recorded on April 27, dropping to 8.7537.
This high-to-low spread represents a total annual volatility of 2.2856 MWK. From a start-to-finish perspective, comparing the January average rate of 9.6861 to the December average rate of 10.7652, the exchange rate registered a net change of 11.14% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 11.0394 was up 9.29% compared to the 2013 peak of 10.1005, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
PHP to MWK 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 9.2260, compared to 9.6396 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4136 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was October, with a trading range of 1.5835 MWK (High: 10.3661 / Low: 8.7826). On the other end, June was the most stable month, with a tight range of 0.0917 MWK (High: 9.0381 / Low: 8.9464).
Growth Streaks & Declines
TrendsBetween April and July, 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 March and April, when the average rate fell by 0.4002 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2014: 10.7652) against the same month in 2013 (average: 9.5344), the exchange rate shifted by +1.2308 (+12.91%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.8979 | 9.3770 | 9.6861 |
| February | 9.6083 | 9.4031 | 9.4630 |
| March | 9.5439 | 9.0691 | 9.3315 |
| April | 9.2087 | 8.7537 | 8.9312 |
| May | 9.0347 | 8.8020 | 8.9588 |
| June | 9.0381 | 8.9464 | 8.9856 |
| July | 9.1117 | 8.9689 | 9.0617 |
| August | 9.1013 | 8.9397 | 9.0158 |
| September | 9.1226 | 8.8623 | 8.9604 |
| October | 10.3661 | 8.7826 | 9.5186 |
| November | 11.0304 | 10.1674 | 10.5161 |
| December | 11.0394 | 10.4442 | 10.7652 |