YEARLY HIGH
0.0117 ETB
YEARLY LOW
0.0105 ETB
YEARLY AVERAGE
0.0109 ETB

2014 MNT to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MNT to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0117. Conversely, the yearly low was recorded on August 14, dropping to 0.0105.

This high-to-low spread represents a total annual volatility of 0.0011 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0113 to the December average rate of 0.0107, the exchange rate registered a net change of -5.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0117 was down 13.35% compared to the 2013 peak of 0.0135, 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 58 ETB
2013 Average 62 ETB
Yearly Trough Low 53 ETB
Transaction Impact: A difference of 5.75 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0114
0.0106
JanuMarcMayJulySeptNove

MNT to ETB 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 0.0110, compared to 0.0108 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0110
H2 Avg (Jul–Dec) 0.0108

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0005 ETB (High: 0.0117 / Low: 0.0112). On the other end, April was the most stable month, with a tight range of 0.0001 ETB (High: 0.0110 / Low: 0.0109).

January Spread (Volatile) ±0.0005
April Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0113) against the same month in 2013 (average: 0.0132), the exchange rate shifted by -0.0019 (-14.24%).

2014 Avg (January) 0.0113
2013 Avg (January) 0.0132

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0117 0.0112 0.0113
February 0.0114 0.0109 0.0111
March 0.0112 0.0108 0.0110
April 0.0110 0.0109 0.0110
May 0.0110 0.0108 0.0108
June 0.0108 0.0107 0.0108
July 0.0108 0.0106 0.0108
August 0.0110 0.0105 0.0107
September 0.0111 0.0108 0.0109
October 0.0110 0.0108 0.0109
November 0.0108 0.0107 0.0107
December 0.0108 0.0107 0.0107