2013 CDF to MNT Historical Review

YEARLY HIGH

1.8730 MNT

YEARLY LOW

1.4910 MNT

YEARLY AVERAGE

1.6386 MNT

2013 CDF to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the CDF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 1.8730. Conversely, the yearly low was recorded on January 28, dropping to 1.4910.

This high-to-low spread represents a total annual volatility of 0.3820 MNT. From a start-to-finish perspective, comparing the January average rate of 1.5027 to the December average rate of 1.8055, the exchange rate registered a net change of 20.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.8730 was up 19.88% compared to the 2012 peak of 1.5624, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,365 MNT

2012 Average 7,381 MNT

Yearly Trough Low 7,455 MNT

Transaction Impact: A difference of 1,909.88 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.8799

1.4684

JanuMarcMayJulySeptNove

CDF 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 1.5237, compared to 1.7535 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2297 points.

H1 Avg (Jan–Jun) 1.5237

H2 Avg (Jul–Dec) 1.7535

Volatility Range Comparison

Volatility

The most volatile month in 2013 was August, with a trading range of 0.1284 MNT (High: 1.7484 / Low: 1.6200). On the other end, February was the most stable month, with a tight range of 0.0216 MNT (High: 1.5216 / Low: 1.5000).

August Spread (Volatile) ±0.1284

February Spread (Stable) ±0.0216

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0402 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0402

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2013: 1.8457) against the same month in 2012 (average: 1.5047), the exchange rate shifted by +0.3410 (+22.66%).

2013 Avg (November) 1.8457

2012 Avg (November) 1.5047

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5133	1.4910	1.5027
February	1.5216	1.5000	1.5076
March	1.5234	1.4934	1.5066
April	1.5375	1.5136	1.5251
May	1.5643	1.5368	1.5503
June	1.5627	1.5363	1.5503
July	1.6174	1.5525	1.5837
August	1.7484	1.6200	1.6891
September	1.8354	1.7388	1.7866
October	1.8366	1.7750	1.8101
November	1.8730	1.8175	1.8457
December	1.8716	1.7490	1.8055