2014 GMD to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 GMD to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the GMD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 47.4572. Conversely, the yearly low was recorded on October 26, dropping to 42.7590.
This high-to-low spread represents a total annual volatility of 4.6982 MNT. From a start-to-finish perspective, comparing the January average rate of 44.4117 to the December average rate of 43.5874, the exchange rate registered a net change of -1.86% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 47.4572 was down 9.83% compared to the 2013 peak of 52.6307, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
GMD 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 45.4805, compared to 45.1775 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3029 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was October, with a trading range of 3.8488 MNT (High: 46.6077 / Low: 42.7590). On the other end, June was the most stable month, with a tight range of 0.5197 MNT (High: 46.0945 / Low: 45.5747).
Growth Streaks & Declines
TrendsBetween May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.6032 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2014: 46.6719) against the same month in 2013 (average: 47.3151), the exchange rate shifted by -0.6431 (-1.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 45.0787 | 43.0468 | 44.4117 |
| February | 46.4655 | 44.3659 | 45.4826 |
| March | 46.5937 | 45.3512 | 46.1362 |
| April | 46.6657 | 44.5673 | 45.6169 |
| May | 45.7650 | 44.9181 | 45.3865 |
| June | 46.0945 | 45.5747 | 45.8488 |
| July | 46.9583 | 45.8689 | 46.2885 |
| August | 47.4572 | 45.6159 | 46.6719 |
| September | 46.3300 | 44.9761 | 46.0661 |
| October | 46.6077 | 42.7590 | 45.0272 |
| November | 43.7237 | 42.8087 | 43.4241 |
| December | 43.9135 | 43.3000 | 43.5874 |