2014 MNT to TOP Historical Review

YEARLY HIGH

0.0011 TOP

YEARLY LOW

0.0010 TOP

YEARLY AVERAGE

0.0010 TOP

2014 MNT to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MNT to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0011. Conversely, the yearly low was recorded on August 17, dropping to 0.0010.

This high-to-low spread represents a total annual volatility of 0.0002 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0011 to the December average rate of 0.0010, the exchange rate registered a net change of -5.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0011 was down 13.15% compared to the 2013 peak of 0.0013, 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 6 TOP

2013 Average 6 TOP

Yearly Trough Low 5 TOP

Transaction Impact: A difference of 0.82 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0011

0.0010

JanuMarcMayJulySeptNove

MNT to TOP 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 0.0011, compared to 0.0010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0011

H2 Avg (Jul–Dec) 0.0010

Volatility Range Comparison

Volatility

The most volatile month in 2014 was August, with a trading range of 0.0001 TOP (High: 0.0010 / Low: 0.0010). On the other end, October was the most stable month, with a tight range of 0.0000 TOP (High: 0.0011 / Low: 0.0011).

August Spread (Volatile) ±0.0001

October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0011) against the same month in 2013 (average: 0.0013), the exchange rate shifted by -0.0002 (-12.12%).

2014 Avg (January) 0.0011

2013 Avg (January) 0.0013

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0011	0.0011	0.0011
February	0.0011	0.0010	0.0011
March	0.0011	0.0010	0.0011
April	0.0010	0.0010	0.0010
May	0.0010	0.0010	0.0010
June	0.0010	0.0010	0.0010
July	0.0010	0.0010	0.0010
August	0.0010	0.0010	0.0010
September	0.0011	0.0010	0.0010
October	0.0011	0.0011	0.0011
November	0.0011	0.0010	0.0011
December	0.0011	0.0010	0.0010