2014 AFN to MNT Historical Review

YEARLY HIGH

33.5716 MNT

YEARLY LOW

29.2635 MNT

YEARLY AVERAGE

31.7107 MNT

2014 AFN to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AFN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 33.5716. Conversely, the yearly low was recorded on January 2, dropping to 29.2635.

This high-to-low spread represents a total annual volatility of 4.3081 MNT. From a start-to-finish perspective, comparing the January average rate of 30.0648 to the December average rate of 32.4034, the exchange rate registered a net change of 7.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 33.5716 was up 10.12% compared to the 2013 peak of 30.4866, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 167,858 MNT

2013 Average 137,901 MNT

Yearly Trough Low 146,318 MNT

Transaction Impact: A difference of 21,540.37 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

33.2198

29.7780

JanuMarcMayJulySeptNove

AFN to MNT 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 31.0216, compared to 32.3997 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3780 points.

H1 Avg (Jan–Jun) 31.0216

H2 Avg (Jul–Dec) 32.3997

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 1.4571 MNT (High: 33.0677 / Low: 31.6106). On the other end, November was the most stable month, with a tight range of 0.3678 MNT (High: 32.6319 / Low: 32.2640).

July Spread (Volatile) ±1.4571

November Spread (Stable) ±0.3678

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.7483 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.7483

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 32.9330) against the same month in 2013 (average: 27.7907), the exchange rate shifted by +5.1423 (+18.50%).

2014 Avg (August) 32.9330

2013 Avg (August) 27.7907

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.4593	29.2635	30.0648
February	31.0814	29.9240	30.5872
March	31.2868	30.3356	30.8958
April	31.6661	30.9210	31.2141
May	31.9591	31.3260	31.6704
June	31.8890	31.3581	31.6975
July	33.0677	31.6106	32.2502
August	33.5716	32.1762	32.9330
September	32.4776	31.8952	32.1847
October	32.3809	31.9361	32.1784
November	32.6319	32.2640	32.4482
December	32.6793	32.1830	32.4034