2014 MNT to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 MNT to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the MNT to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 10.8963. Conversely, the yearly low was recorded on August 14, dropping to 9.7231.
This high-to-low spread represents a total annual volatility of 1.1731 STD. From a start-to-finish perspective, comparing the January average rate of 10.6453 to the December average rate of 10.5913, the exchange rate registered a net change of -0.51% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 10.8963 was down 20.58% compared to the 2013 peak of 13.7203, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MNT based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
MNT to STD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 10.1507, compared to 10.2905 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1398 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was February, with a trading range of 0.6765 STD (High: 10.7162 / Low: 10.0397). On the other end, June was the most stable month, with a tight range of 0.1142 STD (High: 9.9526 / Low: 9.8383).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2941 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2014: 10.6453) against the same month in 2013 (average: 13.3368), the exchange rate shifted by -2.6915 (-20.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.8963 | 10.4268 | 10.6453 |
| February | 10.7162 | 10.0397 | 10.3512 |
| March | 10.3192 | 9.9876 | 10.0771 |
| April | 10.1090 | 9.9414 | 10.0121 |
| May | 9.9547 | 9.7608 | 9.9149 |
| June | 9.9526 | 9.8383 | 9.9040 |
| July | 9.9240 | 9.7749 | 9.8504 |
| August | 10.2734 | 9.7231 | 9.9243 |
| September | 10.5425 | 10.3067 | 10.3919 |
| October | 10.6499 | 10.3772 | 10.4881 |
| November | 10.5917 | 10.3831 | 10.4972 |
| December | 10.7314 | 10.3676 | 10.5913 |