2014 VEF to MNT Historical Review

YEARLY HIGH

299.6219 MNT

YEARLY LOW

261.1086 MNT

YEARLY AVERAGE

287.1145 MNT

2014 VEF to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the VEF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 299.6219. Conversely, the yearly low was recorded on January 2, dropping to 261.1086.

This high-to-low spread represents a total annual volatility of 38.5133 MNT. From a start-to-finish perspective, comparing the January average rate of 268.8303 to the December average rate of 297.6557, the exchange rate registered a net change of 10.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 299.6219 was down 8.08% compared to the 2013 peak of 325.9769, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,498,109 MNT

2013 Average 1,318,424 MNT

Yearly Trough Low 1,305,543 MNT

Transaction Impact: A difference of 192,566.53 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

300.5383

265.9477

JanuMarcMayJulySeptNove

VEF 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 280.2103, compared to 294.0186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.8083 points.

H1 Avg (Jan–Jun) 280.2103

H2 Avg (Jul–Dec) 294.0186

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 12.5511 MNT (High: 281.3042 / Low: 268.7532). On the other end, June was the most stable month, with a tight range of 2.3255 MNT (High: 290.0026 / Low: 287.6772).

February Spread (Volatile) ±12.5511

June Spread (Stable) ±2.3255

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 4.6434 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -4.6434

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 297.6557) against the same month in 2013 (average: 264.8923), the exchange rate shifted by +32.7634 (+12.37%).

2014 Avg (December) 297.6557

2013 Avg (December) 264.8923

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	272.9200	261.1086	268.8303
February	281.3042	268.7532	275.7790
March	282.6398	274.3558	279.6094
April	282.7465	280.3279	281.8117
May	288.1956	283.0769	286.1086
June	290.0026	287.6772	289.1231
July	295.6290	289.8675	291.4745
August	299.5681	288.0351	294.6698
September	291.5026	285.6742	290.0265
October	294.1504	290.8055	292.8022
November	299.4660	294.3232	297.4831
December	299.6219	296.0226	297.6557