2014 MKD to MNT Historical Review

YEARLY HIGH

40.9699 MNT

YEARLY LOW

36.5153 MNT

YEARLY AVERAGE

38.9812 MNT

2014 MKD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 40.9699. Conversely, the yearly low was recorded on January 2, dropping to 36.5153.

This high-to-low spread represents a total annual volatility of 4.4545 MNT. From a start-to-finish perspective, comparing the January average rate of 37.4437 to the December average rate of 37.6211, the exchange rate registered a net change of 0.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 40.9699 was up 7.24% compared to the 2013 peak of 38.2049, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 204,849 MNT

2013 Average 162,806 MNT

Yearly Trough Low 182,577 MNT

Transaction Impact: A difference of 22,272.69 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

40.7229

37.1456

JanuMarcMayJulySeptNove

MKD 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 39.2300, compared to 38.7323 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4977 points.

H1 Avg (Jan–Jun) 39.2300

H2 Avg (Jul–Dec) 38.7323

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 2.3072 MNT (High: 39.4011 / Low: 37.0939). On the other end, June was the most stable month, with a tight range of 0.4250 MNT (High: 40.3820 / Low: 39.9570).

February Spread (Volatile) ±2.3072

June Spread (Stable) ±0.4250

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 1.8518 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.8518

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 40.2107) against the same month in 2013 (average: 33.5784), the exchange rate shifted by +6.6323 (+19.75%).

2014 Avg (August) 40.2107

2013 Avg (August) 33.5784

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	38.0714	36.5153	37.4437
February	39.4011	37.0939	38.4152
March	39.7733	38.5545	39.4520
April	40.0178	39.3310	39.7473
May	40.5606	39.9630	40.1581
June	40.3820	39.9570	40.1637
July	40.9073	40.1558	40.4248
August	40.9699	38.8443	40.2107
September	38.7059	37.5226	38.3589
October	38.3018	37.5198	37.9247
November	38.1925	37.5062	37.8539
December	38.3530	37.0824	37.6211