2014 ZAR to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 ZAR to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the ZAR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 96.0621. Conversely, the yearly low was recorded on January 29, dropping to 87.4181.
This high-to-low spread represents a total annual volatility of 8.6439 MMK. From a start-to-finish perspective, comparing the January average rate of 90.8314 to the December average rate of 89.6665, the exchange rate registered a net change of -1.28% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 96.0621 was down 5.17% compared to the 2013 peak of 101.3045, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
ZAR to MMK 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 90.9632, compared to 90.6354 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3278 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was January, with a trading range of 6.5184 MMK (High: 93.9365 / Low: 87.4181). On the other end, August was the most stable month, with a tight range of 1.6031 MMK (High: 91.9490 / Low: 90.3459).
Growth Streaks & Declines
TrendsBetween February and May, 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 2.9926 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2014: 92.6591) against the same month in 2013 (average: 95.5925), the exchange rate shifted by -2.9334 (-3.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 93.9365 | 87.4181 | 90.8314 |
| February | 91.5591 | 87.4636 | 89.7301 |
| March | 91.6900 | 88.4075 | 90.1858 |
| April | 92.5005 | 90.3101 | 91.2312 |
| May | 93.8180 | 91.2812 | 92.6306 |
| June | 92.1393 | 89.8948 | 91.1702 |
| July | 92.5675 | 90.3680 | 91.2792 |
| August | 91.9490 | 90.3459 | 91.1720 |
| September | 91.3073 | 87.9645 | 89.3288 |
| October | 92.3792 | 87.4519 | 89.7065 |
| November | 96.0621 | 90.1896 | 92.6591 |
| December | 93.7153 | 88.1677 | 89.6665 |