2014 MMK to IRR Historical Review

YEARLY HIGH

27.3758 IRR

YEARLY LOW

24.9331 IRR

YEARLY AVERAGE

26.2422 IRR

2014 MMK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MMK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 9, valuing the pair at 27.3758. Conversely, the yearly low was recorded on January 11, dropping to 24.9331.

This high-to-low spread represents a total annual volatility of 2.4427 IRR. From a start-to-finish perspective, comparing the January average rate of 25.1190 to the December average rate of 26.0998, the exchange rate registered a net change of 3.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 27.3758 was up 6.36% compared to the 2013 peak of 25.7378, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 136,879 IRR

2013 Average 92,698 IRR

Yearly Trough Low 124,665 IRR

Transaction Impact: A difference of 12,213.68 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

27.3161

24.9193

JanuMarcMayJulySeptNove

MMK to IRR 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 25.8719, compared to 26.6125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7406 points.

H1 Avg (Jan–Jun) 25.8719

H2 Avg (Jul–Dec) 26.6125

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 1.2049 IRR (High: 26.6146 / Low: 25.4096). On the other end, May was the most stable month, with a tight range of 0.1523 IRR (High: 26.5301 / Low: 26.3778).

November Spread (Volatile) ±1.2049

May Spread (Stable) ±0.1523

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 October and November, when the average rate fell by 0.7997 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.7997

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 27.1032) against the same month in 2013 (average: 25.5449), the exchange rate shifted by +1.5583 (+6.10%).

2014 Avg (September) 27.1032

2013 Avg (September) 25.5449

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	25.2042	24.9331	25.1190
February	25.3306	25.1431	25.2445
March	26.2215	25.3382	25.7910
April	26.4751	26.2437	26.3106
May	26.5301	26.3778	26.4622
June	26.4263	26.1437	26.3040
July	26.9260	26.2574	26.5410
August	27.3475	26.9392	27.1163
September	27.3758	26.7644	27.1032
October	27.0755	26.5265	26.8072
November	26.6146	25.4096	26.0075
December	26.2941	25.8989	26.0998