2014 BWP to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 BWP to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the BWP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 213.6796. Conversely, the yearly low was recorded on February 2, dropping to 184.8587.
This high-to-low spread represents a total annual volatility of 28.8208 MNT. From a start-to-finish perspective, comparing the January average rate of 189.4479 to the December average rate of 198.7574, the exchange rate registered a net change of 4.91% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 213.6796 was up 5.84% compared to the 2013 peak of 201.8916, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BWP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
BWP 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 199.4490, compared to 203.3501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.9011 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was February, with a trading range of 14.8889 MNT (High: 199.7476 / Low: 184.8587). On the other end, June was the most stable month, with a tight range of 3.5039 MNT (High: 207.7309 / Low: 204.2270).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 7.9675 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2014: 208.9139) against the same month in 2013 (average: 180.9332), the exchange rate shifted by +27.9807 (+15.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 191.1225 | 185.0777 | 189.4479 |
| February | 199.7476 | 184.8587 | 193.1837 |
| March | 202.4010 | 194.5421 | 198.8548 |
| April | 204.1925 | 200.5417 | 202.3382 |
| May | 208.5888 | 203.7528 | 206.8616 |
| June | 207.7309 | 204.2270 | 206.0076 |
| July | 210.5855 | 205.5593 | 207.5364 |
| August | 213.6796 | 203.7257 | 208.9139 |
| September | 204.0006 | 197.9441 | 200.9464 |
| October | 203.5750 | 197.0519 | 201.0626 |
| November | 205.4719 | 200.2508 | 202.8839 |
| December | 203.2998 | 196.4320 | 198.7574 |