2014 HTG to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 HTG to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the HTG to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 45.3084. Conversely, the yearly low was recorded on January 2, dropping to 37.6490.
This high-to-low spread represents a total annual volatility of 7.6594 MNT. From a start-to-finish perspective, comparing the January average rate of 39.4226 to the December average rate of 40.3988, the exchange rate registered a net change of 2.48% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 45.3084 was up 2.30% compared to the 2013 peak of 44.2883, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HTG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
HTG 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 40.3878, compared to 40.8449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4572 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was February, with a trading range of 5.5943 MNT (High: 45.3084 / Low: 39.7141). On the other end, December was the most stable month, with a tight range of 0.4662 MNT (High: 40.6235 / Low: 40.1573).
Growth Streaks & Declines
TrendsBetween 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 February and March, when the average rate fell by 3.2880 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2014: 43.0658) against the same month in 2013 (average: 32.5855), the exchange rate shifted by +10.4803 (+32.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 41.0215 | 37.6490 | 39.4226 |
| February | 45.3084 | 39.7141 | 43.0658 |
| March | 40.7530 | 38.6180 | 39.7777 |
| April | 40.0827 | 39.5208 | 39.7084 |
| May | 40.4546 | 39.7206 | 40.0109 |
| June | 40.8056 | 40.1457 | 40.3412 |
| July | 41.4764 | 40.3568 | 40.8734 |
| August | 42.0050 | 40.4187 | 41.2836 |
| September | 41.1458 | 40.2458 | 40.7769 |
| October | 41.6179 | 40.5767 | 41.1062 |
| November | 41.4480 | 40.2727 | 40.6306 |
| December | 40.6235 | 40.1573 | 40.3988 |