2014 ZAR to MGA Historical Review

YEARLY HIGH

249.8986 MGA

YEARLY LOW

202.6760 MGA

YEARLY AVERAGE

227.8972 MGA

2014 ZAR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 249.8986. Conversely, the yearly low was recorded on January 29, dropping to 202.6760.

This high-to-low spread represents a total annual volatility of 47.2226 MGA. From a start-to-finish perspective, comparing the January average rate of 208.9288 to the December average rate of 226.2334, the exchange rate registered a net change of 8.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 249.8986 was down 6.62% compared to the 2013 peak of 267.6083, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 12,494,928 MGA

2013 Average 11,510,241 MGA

Yearly Trough Low 10,133,799 MGA

Transaction Impact: A difference of 2,361,128.64 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

247.9531

205.3811

JanuMarcMayJulySeptNove

ZAR to MGA 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 219.4496, compared to 236.3448 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.8952 points.

H1 Avg (Jan–Jun) 219.4496

H2 Avg (Jul–Dec) 236.3448

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 22.8971 MGA (High: 241.3871 / Low: 218.4900). On the other end, April was the most stable month, with a tight range of 7.2579 MGA (High: 227.5205 / Low: 220.2626).

December Spread (Volatile) ±22.8971

April Spread (Stable) ±7.2579

Growth Streaks & Declines

Trends

Between 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 18.1721 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -18.1721

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 243.5966) against the same month in 2013 (average: 224.8883), the exchange rate shifted by +18.7083 (+8.32%).

2014 Avg (October) 243.5966

2013 Avg (October) 224.8883

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	213.4751	202.6760	208.9288
February	218.0220	205.0321	211.8733
March	222.5698	214.8126	218.3736
April	227.5205	220.2626	223.6075
May	232.7223	224.8061	228.4206
June	229.3054	220.9089	225.4938
July	235.9836	225.3827	230.5340
August	239.8368	230.8119	236.5667
September	241.7056	233.9149	236.7327
October	249.8986	235.4681	243.5966
November	248.2617	240.2410	244.4055
December	241.3871	218.4900	226.2334