YEARLY HIGH
0.0990 NGN
YEARLY LOW
0.0861 NGN
YEARLY AVERAGE
0.0914 NGN

2014 MNT to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MNT to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.0990. Conversely, the yearly low was recorded on August 14, dropping to 0.0861.

This high-to-low spread represents a total annual volatility of 0.0130 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0947 to the December average rate of 0.0969, the exchange rate registered a net change of 2.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0990 was down 13.90% compared to the 2013 peak of 0.1150, 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 495 NGN
2013 Average 530 NGN
Yearly Trough Low 430 NGN
Transaction Impact: A difference of 64.81 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0978
0.0865
JanuMarcMayJulySeptNove

MNT to NGN 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 0.0923, compared to 0.0905 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0923
H2 Avg (Jul–Dec) 0.0905

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0058 NGN (High: 0.0947 / Low: 0.0890). On the other end, June was the most stable month, with a tight range of 0.0011 NGN (High: 0.0902 / Low: 0.0891).

November Spread (Volatile) ±0.0058
June Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between August and December, 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 March and April, when the average rate fell by 0.0022 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0969) against the same month in 2013 (average: 0.0955), the exchange rate shifted by +0.0013 (+1.37%).

2014 Avg (December) 0.0969
2013 Avg (December) 0.0955

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0972 0.0936 0.0947
February 0.0963 0.0933 0.0944
March 0.0953 0.0927 0.0936
April 0.0932 0.0903 0.0915
May 0.0904 0.0891 0.0898
June 0.0902 0.0891 0.0896
July 0.0893 0.0870 0.0885
August 0.0896 0.0861 0.0874
September 0.0903 0.0887 0.0893
October 0.0901 0.0886 0.0893
November 0.0947 0.0890 0.0917
December 0.0990 0.0951 0.0969