2014 MAD to MNT Historical Review

YEARLY HIGH

225.6005 MNT

YEARLY LOW

200.0946 MNT

YEARLY AVERAGE

214.9448 MNT

2014 MAD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on August 17, valuing the pair at 225.6005. Conversely, the yearly low was recorded on January 2, dropping to 200.0946.

This high-to-low spread represents a total annual volatility of 25.5059 MNT. From a start-to-finish perspective, comparing the January average rate of 205.4681 to the December average rate of 210.2600, the exchange rate registered a net change of 2.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 225.6005 was up 7.73% compared to the 2013 peak of 209.4179, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,128,002 MNT

2013 Average 900,409 MNT

Yearly Trough Low 1,000,473 MNT

Transaction Impact: A difference of 127,529.44 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

223.2104

203.8552

JanuMarcMayJulySeptNove

MAD 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 215.2890, compared to 214.6006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6885 points.

H1 Avg (Jan–Jun) 215.2890

H2 Avg (Jul–Dec) 214.6006

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 12.2563 MNT (High: 216.0081 / Low: 203.7519). On the other end, May was the most stable month, with a tight range of 2.5385 MNT (High: 221.6220 / Low: 219.0835).

February Spread (Volatile) ±12.2563

May Spread (Stable) ±2.5385

Growth Streaks & Declines

Trends

Between 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 9.0545 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -9.0545

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 221.1175) against the same month in 2013 (average: 185.3704), the exchange rate shifted by +35.7471 (+19.28%).

2014 Avg (August) 221.1175

2013 Avg (August) 185.3704

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	209.0627	200.0946	205.4681
February	216.0081	203.7519	211.2462
March	218.1147	211.2876	216.3290
April	219.3933	216.2330	217.9543
May	221.6220	219.0835	220.0849
June	222.4506	219.2747	220.6517
July	223.1464	220.4345	221.5975
August	225.6005	213.6964	221.1175
September	213.7294	209.5396	212.0630
October	212.9348	207.5608	210.9223
November	213.3782	209.5146	211.6432
December	214.2770	207.6908	210.2600