YEARLY HIGH
96.0621 MMK
YEARLY LOW
87.4181 MMK
YEARLY AVERAGE
90.7993 MMK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 4,803,104 MMK
2013 Average 4,841,406 MMK
Yearly Trough Low 4,370,907 MMK
Transaction Impact: A difference of 432,196.78 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

92.9922
88.9958
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 90.9632
H2 Avg (Jul–Dec) 90.6354

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±6.5184
August Spread (Stable) ±1.6031

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.9926

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2014 Avg (November) 92.6591
2013 Avg (November) 95.5925

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