2014 TND to MZN Historical Review

YEARLY HIGH

20.5556 MZN

YEARLY LOW

16.8641 MZN

YEARLY AVERAGE

18.4649 MZN

2014 TND to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TND to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 2, valuing the pair at 20.5556. Conversely, the yearly low was recorded on November 12, dropping to 16.8641.

This high-to-low spread represents a total annual volatility of 3.6915 MZN. From a start-to-finish perspective, comparing the January average rate of 18.3798 to the December average rate of 17.8294, the exchange rate registered a net change of -2.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 20.5556 was up 4.47% compared to the 2013 peak of 19.6754, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TND based on timing:

Yearly Peak High 102,778 MZN

2013 Average 92,087 MZN

Yearly Trough Low 84,321 MZN

Transaction Impact: A difference of 18,457.33 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

20.3812

16.7941

JanuMarcMayJulySeptNove

TND to MZN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 19.4012, compared to 17.5285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8727 points.

H1 Avg (Jan–Jun) 19.4012

H2 Avg (Jul–Dec) 17.5285

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 1.3282 MZN (High: 20.5183 / Low: 19.1901). On the other end, August was the most stable month, with a tight range of 0.3126 MZN (High: 17.7759 / Low: 17.4633).

February Spread (Volatile) ±1.3282

August Spread (Stable) ±0.3126

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.8468 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8468

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 20.0823) against the same month in 2013 (average: 18.9302), the exchange rate shifted by +1.1521 (+6.09%).

2014 Avg (March) 20.0823

2013 Avg (March) 18.9302

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.3085	18.0448	18.3798
February	20.5183	19.1901	19.9063
March	20.5556	19.6737	20.0823
April	19.9531	19.3685	19.6452
May	19.6633	19.2549	19.4172
June	19.3266	18.6414	18.9765
July	18.7112	17.7158	18.1297
August	17.7759	17.4633	17.6226
September	17.5116	16.9887	17.2568
October	17.3942	17.0656	17.2395
November	17.3194	16.8641	17.0930
December	18.2282	17.1186	17.8294