YEARLY HIGH
11.6192 MNT
YEARLY LOW
10.0983 MNT
YEARLY AVERAGE
10.9532 MNT

2014 NGN to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 11.6192. Conversely, the yearly low was recorded on December 23, dropping to 10.0983.

This high-to-low spread represents a total annual volatility of 1.5208 MNT. From a start-to-finish perspective, comparing the January average rate of 10.5648 to the December average rate of 10.3261, the exchange rate registered a net change of -2.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 11.6192 was up 6.56% compared to the 2013 peak of 10.9040, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 11,619,177 MNT
2013 Average 9,493,660 MNT
Yearly Trough Low 10,098,344 MNT
Transaction Impact: A difference of 1,520,833.06 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

11.5546
10.2144
JanuMarcMayJulySeptNove

NGN to MNT 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 10.8434, compared to 11.0630 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2197 points.

H1 Avg (Jan–Jun) 10.8434
H2 Avg (Jul–Dec) 11.0630

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.6836 MNT (High: 11.2414 / Low: 10.5579). On the other end, June was the most stable month, with a tight range of 0.1336 MNT (High: 11.2199 / Low: 11.0863).

November Spread (Volatile) ±0.6836
June Spread (Stable) ±0.1336

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.5859 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.5859

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 11.4430) against the same month in 2013 (average: 9.6621), the exchange rate shifted by +1.7808 (+18.43%).

2014 Avg (August) 11.4430
2013 Avg (August) 9.6621

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.6872 10.2857 10.5648
February 10.7234 10.3849 10.5895
March 10.7894 10.4928 10.6789
April 11.0758 10.7256 10.9340
May 11.2285 11.0639 11.1325
June 11.2199 11.0863 11.1607
July 11.4935 11.2005 11.3044
August 11.6192 11.1634 11.4430
September 11.2687 11.0705 11.1983
October 11.2894 11.0948 11.1945
November 11.2414 10.5579 10.9120
December 10.5181 10.0983 10.3261