2014 SYP to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 SYP to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the SYP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 16.9070. Conversely, the yearly low was recorded on December 29, dropping to 14.4141.
This high-to-low spread represents a total annual volatility of 2.4929 MGA. From a start-to-finish perspective, comparing the January average rate of 16.0054 to the December average rate of 14.7469, the exchange rate registered a net change of -7.86% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 16.9070 was down 47.05% compared to the 2013 peak of 31.9326, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SYP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
SYP 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 16.1617, compared to 16.2091 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0474 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was December, with a trading range of 1.0370 MGA (High: 15.4512 / Low: 14.4141). On the other end, January was the most stable month, with a tight range of 0.2685 MGA (High: 16.1421 / Low: 15.8736).
Growth Streaks & Declines
TrendsBetween May and August, 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 November and December, when the average rate fell by 1.3440 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2014: 16.6539) against the same month in 2013 (average: 17.3295), the exchange rate shifted by -0.6757 (-3.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.1421 | 15.8736 | 16.0054 |
| February | 16.5275 | 16.1497 | 16.3041 |
| March | 16.6236 | 16.2457 | 16.4096 |
| April | 16.5331 | 15.8028 | 16.1815 |
| May | 16.1674 | 15.8536 | 15.9685 |
| June | 16.3205 | 15.7350 | 16.1011 |
| July | 16.7644 | 16.2046 | 16.4257 |
| August | 16.8900 | 16.4395 | 16.7238 |
| September | 16.9070 | 16.4548 | 16.6539 |
| October | 16.8007 | 16.4399 | 16.6133 |
| November | 16.4327 | 15.6079 | 16.0909 |
| December | 15.4512 | 14.4141 | 14.7469 |