2014 PHP to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 PHP to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the PHP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 43.1199. Conversely, the yearly low was recorded on January 2, dropping to 36.9458.
This high-to-low spread represents a total annual volatility of 6.1742 MNT. From a start-to-finish perspective, comparing the January average rate of 37.6175 to the December average rate of 42.0657, the exchange rate registered a net change of 11.82% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 43.1199 was up 9.12% compared to the 2013 peak of 39.5170, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
PHP 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 39.6537, compared to 41.7899 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1362 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was February, with a trading range of 2.3919 MNT (High: 39.6665 / Low: 37.2745). On the other end, June was the most stable month, with a tight range of 0.5115 MNT (High: 41.7929 / Low: 41.2814).
Growth Streaks & Declines
TrendsBetween 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 August and September, when the average rate fell by 0.9976 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2014: 42.3455) against the same month in 2013 (average: 35.4395), the exchange rate shifted by +6.9060 (+19.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 37.9494 | 36.9458 | 37.6175 |
| February | 39.6665 | 37.2745 | 38.6822 |
| March | 39.6730 | 38.6249 | 39.2902 |
| April | 40.0622 | 39.3725 | 39.7597 |
| May | 41.5478 | 40.0087 | 41.0159 |
| June | 41.7929 | 41.2814 | 41.5567 |
| July | 42.8481 | 41.7974 | 42.1831 |
| August | 43.1199 | 41.5241 | 42.3455 |
| September | 41.9338 | 40.7106 | 41.3480 |
| October | 41.3678 | 40.7874 | 41.1443 |
| November | 41.9619 | 41.2208 | 41.6526 |
| December | 42.3714 | 41.8187 | 42.0657 |