2014 ETB to MNT Historical Review

YEARLY HIGH

95.1047 MNT

YEARLY LOW

85.7335 MNT

YEARLY AVERAGE

91.8843 MNT

2014 ETB to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 95.1047. Conversely, the yearly low was recorded on January 2, dropping to 85.7335.

This high-to-low spread represents a total annual volatility of 9.3711 MNT. From a start-to-finish perspective, comparing the January average rate of 88.2585 to the December average rate of 93.1511, the exchange rate registered a net change of 5.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 95.1047 was up 5.00% compared to the 2013 peak of 90.5719, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 475,523 MNT

2013 Average 403,758 MNT

Yearly Trough Low 428,668 MNT

Transaction Impact: A difference of 46,855.58 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

94.0402

87.7329

JanuMarcMayJulySeptNove

ETB 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 90.9920, compared to 92.7766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7847 points.

H1 Avg (Jan–Jun) 90.9920

H2 Avg (Jul–Dec) 92.7766

Volatility Range Comparison

Volatility

The most volatile month in 2014 was August, with a trading range of 4.0035 MNT (High: 95.1047 / Low: 91.1012). On the other end, April was the most stable month, with a tight range of 0.4692 MNT (High: 91.3574 / Low: 90.8882).

August Spread (Volatile) ±4.0035

April Spread (Stable) ±0.4692

Growth Streaks & Declines

Trends

Between April and August, 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 1.8679 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.8679

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 93.5146) against the same month in 2013 (average: 82.6378), the exchange rate shifted by +10.8768 (+13.16%).

2014 Avg (August) 93.5146

2013 Avg (August) 82.6378

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	89.4624	85.7335	88.2585
February	91.6567	87.9550	90.1695
March	92.5009	89.3136	91.1853
April	91.3574	90.8882	91.1655
May	92.9370	91.1313	92.2532
June	93.2325	92.5321	92.9198
July	94.0858	92.4591	92.9868
August	95.1047	91.1012	93.5146
September	92.2825	90.3399	91.6467
October	92.9224	91.3012	92.1159
November	93.8222	92.2236	93.2446
December	93.7393	92.5986	93.1511