2014 FKP to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 FKP to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the FKP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on August 12, valuing the pair at 3155.3527. Conversely, the yearly low was recorded on January 2, dropping to 2701.3279.
This high-to-low spread represents a total annual volatility of 454.0249 MNT. From a start-to-finish perspective, comparing the January average rate of 2785.2814 to the December average rate of 2937.5198, the exchange rate registered a net change of 5.47% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 3155.3527 was up 11.55% compared to the 2013 peak of 2828.7338, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
FKP 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 2944.1786, compared to 3009.7199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 65.5413 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was February, with a trading range of 171.6410 MNT (High: 2950.7424 / Low: 2779.1014). On the other end, July was the most stable month, with a tight range of 38.5123 MNT (High: 3146.3028 / Low: 3107.7905).
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 118.5905 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2014: 3096.0352) against the same month in 2013 (average: 2410.9377), the exchange rate shifted by +685.0975 (+28.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2845.3992 | 2701.3279 | 2785.2814 |
| February | 2950.7424 | 2779.1014 | 2874.3349 |
| March | 2960.1609 | 2876.1442 | 2925.1082 |
| April | 3002.7699 | 2935.0881 | 2968.9698 |
| May | 3060.2899 | 3006.7504 | 3031.8571 |
| June | 3121.6945 | 3032.5878 | 3079.5200 |
| July | 3146.3028 | 3107.7905 | 3131.0556 |
| August | 3155.3527 | 3007.5737 | 3096.0352 |
| September | 3013.7696 | 2940.8735 | 2977.4447 |
| October | 2985.7919 | 2927.5098 | 2963.0939 |
| November | 2980.8533 | 2930.6021 | 2953.1701 |
| December | 2977.9950 | 2903.1769 | 2937.5198 |