2014 NOK to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 NOK to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the NOK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 306.6922. Conversely, the yearly low was recorded on December 28, dropping to 251.5528.
This high-to-low spread represents a total annual volatility of 55.1395 MNT. From a start-to-finish perspective, comparing the January average rate of 274.8349 to the December average rate of 257.4588, the exchange rate registered a net change of -6.32% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 306.6922 was up 6.53% compared to the 2013 peak of 287.8861, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
NOK to MNT 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 292.0431, compared to 282.7729 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.2702 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was February, with a trading range of 23.2544 MNT (High: 292.6847 / Low: 269.4303). On the other end, April was the most stable month, with a tight range of 3.8781 MNT (High: 298.7825 / Low: 294.9044).
Growth Streaks & Declines
TrendsBetween January and May, 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 November and December, when the average rate fell by 17.1178 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2014: 299.1343) against the same month in 2013 (average: 260.9307), the exchange rate shifted by +38.2037 (+14.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 279.9206 | 267.0180 | 274.8349 |
| February | 292.6847 | 269.4303 | 283.2643 |
| March | 296.5209 | 285.8350 | 293.1856 |
| April | 298.7825 | 294.9044 | 296.4918 |
| May | 305.3178 | 299.3500 | 303.0915 |
| June | 305.1073 | 296.9433 | 301.3906 |
| July | 298.1307 | 294.0582 | 296.1406 |
| August | 306.6922 | 292.5011 | 299.1343 |
| September | 291.5311 | 283.3160 | 287.7686 |
| October | 285.4476 | 274.8123 | 281.5584 |
| November | 278.2936 | 268.0348 | 274.5766 |
| December | 269.6565 | 251.5528 | 257.4588 |