2014 MNT to BIF Historical Review

YEARLY HIGH

0.9411 BIF

YEARLY LOW

0.8221 BIF

YEARLY AVERAGE

0.8596 BIF

2014 MNT to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MNT to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.9411. Conversely, the yearly low was recorded on August 14, dropping to 0.8221.

This high-to-low spread represents a total annual volatility of 0.1190 BIF. From a start-to-finish perspective, comparing the January average rate of 0.9158 to the December average rate of 0.8327, the exchange rate registered a net change of -9.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.9411 was down 17.58% compared to the 2013 peak of 1.1418, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,706 BIF

2013 Average 5,159 BIF

Yearly Trough Low 4,110 BIF

Transaction Impact: A difference of 595.17 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.9241

0.8244

JanuMarcMayJulySeptNove

MNT to BIF 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 0.8791, compared to 0.8401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0390 points.

H1 Avg (Jan–Jun) 0.8791

H2 Avg (Jul–Dec) 0.8401

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0391 BIF (High: 0.9411 / Low: 0.9020). On the other end, April was the most stable month, with a tight range of 0.0118 BIF (High: 0.8796 / Low: 0.8678).

January Spread (Volatile) ±0.0391

April Spread (Stable) ±0.0118

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0218 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0218

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.9158) against the same month in 2013 (average: 1.0953), the exchange rate shifted by -0.1795 (-16.39%).

2014 Avg (January) 0.9158

2013 Avg (January) 1.0953

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9411	0.9020	0.9158
February	0.9173	0.8786	0.8940
March	0.8980	0.8715	0.8823
April	0.8796	0.8678	0.8734
May	0.8726	0.8512	0.8594
June	0.8581	0.8447	0.8497
July	0.8524	0.8297	0.8444
August	0.8551	0.8221	0.8358
September	0.8614	0.8427	0.8478
October	0.8552	0.8363	0.8457
November	0.8413	0.8279	0.8342
December	0.8397	0.8271	0.8327