2014 SAR to MNT Historical Review

YEARLY HIGH

503.8122 MNT

YEARLY LOW

437.9703 MNT

YEARLY AVERAGE

481.9094 MNT

2014 SAR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SAR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 503.8122. Conversely, the yearly low was recorded on January 2, dropping to 437.9703.

This high-to-low spread represents a total annual volatility of 65.8420 MNT. From a start-to-finish perspective, comparing the January average rate of 451.0164 to the December average rate of 500.7412, the exchange rate registered a net change of 11.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 503.8122 was up 9.40% compared to the 2013 peak of 460.5287, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SAR based on timing:

Yearly Peak High 2,519,061 MNT

2013 Average 2,016,293 MNT

Yearly Trough Low 2,189,851 MNT

Transaction Impact: A difference of 329,209.80 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

505.7136

446.0439

JanuMarcMayJulySeptNove

SAR 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 470.1528, compared to 493.6660 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 23.5132 points.

H1 Avg (Jan–Jun) 470.1528

H2 Avg (Jul–Dec) 493.6660

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 21.0875 MNT (High: 472.0466 / Low: 450.9591). On the other end, June was the most stable month, with a tight range of 4.0531 MNT (High: 486.5866 / Low: 482.5335).

February Spread (Volatile) ±21.0875

June Spread (Stable) ±4.0531

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 August and September, when the average rate fell by 7.2228 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -7.2228

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 500.7412) against the same month in 2013 (average: 444.4446), the exchange rate shifted by +56.2966 (+12.67%).

2014 Avg (December) 500.7412

2013 Avg (December) 444.4446

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	457.9516	437.9703	451.0164
February	472.0466	450.9591	462.6752
March	474.2657	460.2139	469.1187
April	474.4339	470.3798	472.8358
May	483.5640	475.0076	480.0521
June	486.5866	482.5335	485.2184
July	496.0087	486.4740	489.0864
August	502.5757	483.1425	494.4014
September	489.4700	479.2245	487.1786
October	493.9670	488.8526	491.5126
November	502.1743	493.8523	499.0756
December	503.8122	498.4347	500.7412