2016 AZN to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 AZN to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the AZN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on October 19, valuing the pair at 1444.8114. Conversely, the yearly low was recorded on March 12, dropping to 1231.5273.
This high-to-low spread represents a total annual volatility of 213.2841 MNT. From a start-to-finish perspective, comparing the January average rate of 1260.7609 to the December average rate of 1397.7249, the exchange rate registered a net change of 10.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 1444.8114 was down 42.48% compared to the 2015 peak of 2511.9501, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
AZN 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 1293.3831, compared to 1373.0865 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 79.7034 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 90.5663 MNT (High: 1322.0937 / Low: 1231.5273). On the other end, May was the most stable month, with a tight range of 13.4356 MNT (High: 1345.7829 / Low: 1332.3473).
Growth Streaks & Declines
TrendsBetween July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 43.9873 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2016: 1424.8247) against the same month in 2015 (average: 1903.7260), the exchange rate shifted by -478.9013 (-25.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1275.1990 | 1233.4047 | 1260.7609 |
| February | 1300.0824 | 1245.3883 | 1276.7443 |
| March | 1322.0937 | 1231.5273 | 1265.3480 |
| April | 1348.4895 | 1305.5762 | 1326.6346 |
| May | 1345.7829 | 1332.3473 | 1337.3990 |
| June | 1340.1883 | 1254.2730 | 1293.4117 |
| July | 1296.5138 | 1273.4721 | 1289.0216 |
| August | 1383.2422 | 1294.7935 | 1342.0416 |
| September | 1403.6142 | 1335.6214 | 1361.0519 |
| October | 1444.8114 | 1401.6318 | 1424.8247 |
| November | 1443.8887 | 1405.1401 | 1423.8543 |
| December | 1413.7144 | 1378.7904 | 1397.7249 |