2014 BTN to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 BTN to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the BTN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 22, valuing the pair at 30.9834. Conversely, the yearly low was recorded on January 2, dropping to 26.4355.
This high-to-low spread represents a total annual volatility of 4.5479 MNT. From a start-to-finish perspective, comparing the January average rate of 27.2516 to the December average rate of 29.9452, the exchange rate registered a net change of 9.88% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 30.9834 was up 10.85% compared to the 2013 peak of 27.9498, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BTN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
BTN to MNT 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 29.0314, compared to 30.2312 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1997 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was March, with a trading range of 1.8537 MNT (High: 29.7038 / Low: 27.8502). On the other end, November was the most stable month, with a tight range of 0.2664 MNT (High: 30.4522 / Low: 30.1859).
Growth Streaks & Declines
TrendsBetween January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.4352 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2014: 30.3365) against the same month in 2013 (average: 26.0030), the exchange rate shifted by +4.3336 (+16.67%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.7249 | 26.4355 | 27.2516 |
| February | 28.5586 | 26.9909 | 27.8838 |
| March | 29.7038 | 27.8502 | 28.8551 |
| April | 29.5847 | 29.0956 | 29.3900 |
| May | 30.9834 | 29.5331 | 30.3365 |
| June | 30.7862 | 30.1306 | 30.4717 |
| July | 30.9574 | 30.3378 | 30.5449 |
| August | 30.9591 | 29.8978 | 30.4698 |
| September | 30.2950 | 29.6494 | 30.0346 |
| October | 30.1955 | 29.7677 | 30.0397 |
| November | 30.4522 | 30.1859 | 30.3529 |
| December | 30.4019 | 29.5239 | 29.9452 |