2014 NPR to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 NPR to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the NPR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on August 16, valuing the pair at 19.3725. Conversely, the yearly low was recorded on January 2, dropping to 16.5304.
This high-to-low spread represents a total annual volatility of 2.8420 MNT. From a start-to-finish perspective, comparing the January average rate of 17.0243 to the December average rate of 18.7182, the exchange rate registered a net change of 9.95% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 19.3725 was up 10.95% compared to the 2013 peak of 17.4605, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NPR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
NPR 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 18.1235, compared to 18.8644 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7409 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was March, with a trading range of 1.2167 MNT (High: 18.5731 / Low: 17.3563). On the other end, November was the most stable month, with a tight range of 0.3068 MNT (High: 19.0555 / Low: 18.7487).
Growth Streaks & Declines
TrendsBetween January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.2830 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2014: 19.0116) against the same month in 2013 (average: 15.5311), the exchange rate shifted by +3.4805 (+22.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.2960 | 16.5304 | 17.0243 |
| February | 17.8396 | 16.8322 | 17.4233 |
| March | 18.5731 | 17.3563 | 18.0045 |
| April | 18.5192 | 18.2021 | 18.3485 |
| May | 19.3575 | 18.4482 | 18.9029 |
| June | 19.2465 | 18.8395 | 19.0373 |
| July | 19.3555 | 18.9131 | 19.0643 |
| August | 19.3725 | 18.6363 | 19.0116 |
| September | 18.9286 | 18.4788 | 18.7286 |
| October | 18.9150 | 18.4987 | 18.7360 |
| November | 19.0555 | 18.7487 | 18.9277 |
| December | 18.9814 | 18.4509 | 18.7182 |