2014 TRY to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 TRY to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the TRY to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 30, valuing the pair at 1233.2769. Conversely, the yearly low was recorded on January 26, dropping to 967.8095.
This high-to-low spread represents a total annual volatility of 265.4674 MGA. From a start-to-finish perspective, comparing the January average rate of 1021.8645 to the December average rate of 1133.3089, the exchange rate registered a net change of 10.91% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 1233.2769 was down 3.41% compared to the 2013 peak of 1276.8716, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
TRY 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 1085.8533, compared to 1174.2607 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 88.4074 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was December, with a trading range of 113.5096 MGA (High: 1200.1950 / Low: 1086.6853). On the other end, November was the most stable month, with a tight range of 27.5302 MGA (High: 1226.1531 / Low: 1198.6229).
Growth Streaks & Declines
TrendsBetween June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 80.1762 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2014: 1196.3094) against the same month in 2013 (average: 1122.0204), the exchange rate shifted by +74.2890 (+6.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1046.6008 | 967.8095 | 1021.8645 |
| February | 1070.2653 | 1011.9362 | 1051.9044 |
| March | 1085.3446 | 1041.2268 | 1060.1083 |
| April | 1125.2419 | 1089.6658 | 1109.4304 |
| May | 1156.9600 | 1120.2761 | 1136.5123 |
| June | 1164.1557 | 1111.4099 | 1135.3001 |
| July | 1185.5216 | 1139.4513 | 1159.6702 |
| August | 1183.1581 | 1146.6343 | 1168.1638 |
| September | 1197.1044 | 1162.2447 | 1174.6271 |
| October | 1233.2769 | 1162.3200 | 1196.3094 |
| November | 1226.1531 | 1198.6229 | 1213.4852 |
| December | 1200.1950 | 1086.6853 | 1133.3089 |