2014 HNL to MNT Historical Review

YEARLY HIGH

94.9380 MNT

YEARLY LOW

81.0707 MNT

YEARLY AVERAGE

88.6227 MNT

2014 HNL to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HNL to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 94.9380. Conversely, the yearly low was recorded on January 2, dropping to 81.0707.

This high-to-low spread represents a total annual volatility of 13.8674 MNT. From a start-to-finish perspective, comparing the January average rate of 84.3411 to the December average rate of 89.1060, the exchange rate registered a net change of 5.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 94.9380 was up 12.80% compared to the 2013 peak of 84.1629, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 474,690 MNT

2013 Average 376,194 MNT

Yearly Trough Low 405,353 MNT

Transaction Impact: A difference of 69,336.87 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

94.7176

83.3978

JanuMarcMayJulySeptNove

HNL 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 89.4961, compared to 87.7494 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7467 points.

H1 Avg (Jan–Jun) 89.4961

H2 Avg (Jul–Dec) 87.7494

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 7.4811 MNT (High: 94.9380 / Low: 87.4569). On the other end, October was the most stable month, with a tight range of 0.7449 MNT (High: 87.1785 / Low: 86.4335).

May Spread (Volatile) ±7.4811

October Spread (Stable) ±0.7449

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 6.4025 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -6.4025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 93.7743) against the same month in 2013 (average: 73.7775), the exchange rate shifted by +19.9968 (+27.10%).

2014 Avg (May) 93.7743

2013 Avg (May) 73.7775

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	86.2069	81.0707	84.3411
February	90.3327	84.7473	87.8912
March	92.5998	88.3295	91.0091
April	93.1443	91.9186	92.5891
May	94.9380	87.4569	93.7743
June	87.8393	86.8999	87.3718
July	88.8834	87.0009	87.5347
August	89.5981	85.8839	88.2718
September	87.0383	85.2901	86.5767
October	87.1785	86.4335	86.8269
November	88.9695	86.9632	88.1803
December	89.7264	88.3587	89.1060