2017 AFN to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 AFN to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the AFN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 37.6661. Conversely, the yearly low was recorded on July 3, dropping to 34.4052.
This high-to-low spread represents a total annual volatility of 3.2609 MNT. From a start-to-finish perspective, comparing the January average rate of 37.2210 to the December average rate of 35.1188, the exchange rate registered a net change of -5.65% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 37.6661 was down 0.28% compared to the 2016 peak of 37.7702, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AFN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
AFN 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 36.1779, compared to 35.5177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6603 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 1.5602 MNT (High: 35.9654 / Low: 34.4052). On the other end, November was the most stable month, with a tight range of 0.3797 MNT (High: 35.8366 / Low: 35.4570).
Growth Streaks & Declines
TrendsBetween June and October, 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 March and April, when the average rate fell by 0.9658 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 37.2210) against the same month in 2016 (average: 29.1143), the exchange rate shifted by +8.1067 (+27.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 37.6661 | 36.7005 | 37.2210 |
| February | 37.3069 | 36.6974 | 36.9921 |
| March | 37.1093 | 36.6277 | 36.8188 |
| April | 36.6301 | 35.5008 | 35.8531 |
| May | 35.7908 | 35.0912 | 35.4331 |
| June | 35.1906 | 34.5221 | 34.7496 |
| July | 35.9654 | 34.4052 | 35.0989 |
| August | 35.9357 | 35.4149 | 35.6297 |
| September | 35.9674 | 35.3319 | 35.6800 |
| October | 36.1173 | 35.7250 | 35.9273 |
| November | 35.8366 | 35.4570 | 35.6513 |
| December | 35.4761 | 34.7774 | 35.1188 |