2014 CVE to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 CVE to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the CVE to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 22.9566. Conversely, the yearly low was recorded on January 2, dropping to 20.3875.
This high-to-low spread represents a total annual volatility of 2.5691 MNT. From a start-to-finish perspective, comparing the January average rate of 20.9534 to the December average rate of 21.0576, the exchange rate registered a net change of 0.50% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 22.9566 was up 7.41% compared to the 2013 peak of 21.3724, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CVE based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
CVE 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 22.0146, compared to 21.7003 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3142 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was February, with a trading range of 1.3120 MNT (High: 22.0806 / Low: 20.7686). On the other end, July was the most stable month, with a tight range of 0.2370 MNT (High: 22.7494 / Low: 22.5125).
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 1.0818 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2014: 22.5148) against the same month in 2013 (average: 18.8328), the exchange rate shifted by +3.6820 (+19.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.4173 | 20.3875 | 20.9534 |
| February | 22.0806 | 20.7686 | 21.5932 |
| March | 22.3860 | 21.6241 | 22.1717 |
| April | 22.4474 | 22.1288 | 22.3011 |
| May | 22.7094 | 22.4383 | 22.5294 |
| June | 22.7334 | 22.3902 | 22.5385 |
| July | 22.7494 | 22.5125 | 22.6436 |
| August | 22.9566 | 21.7249 | 22.5148 |
| September | 21.6661 | 21.1015 | 21.4330 |
| October | 21.5564 | 20.8966 | 21.2789 |
| November | 21.4613 | 21.1127 | 21.2742 |
| December | 21.4800 | 20.7580 | 21.0576 |