2017 AZN to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 AZN to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the AZN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 1463.4452. Conversely, the yearly low was recorded on February 1, dropping to 1256.0520.
This high-to-low spread represents a total annual volatility of 207.3932 MNT. From a start-to-finish perspective, comparing the January average rate of 1341.0578 to the December average rate of 1432.5146, the exchange rate registered a net change of 6.82% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 1463.4452 was up 1.29% compared to the 2016 peak of 1444.8114, 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 2017.
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 1395.2288, compared to 1437.0605 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 41.8317 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was February, with a trading range of 144.5033 MNT (High: 1400.5552 / Low: 1256.0520). On the other end, November was the most stable month, with a tight range of 7.4450 MNT (High: 1443.8833 / Low: 1436.4383).
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 May and June, when the average rate fell by 32.7117 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 1441.9698) against the same month in 2016 (average: 1361.0519), the exchange rate shifted by +80.9179 (+5.95%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1381.6988 | 1258.3731 | 1341.0578 |
| February | 1400.5552 | 1256.0520 | 1354.8386 |
| March | 1440.1789 | 1382.2976 | 1414.7058 |
| April | 1449.5010 | 1419.4608 | 1434.1399 |
| May | 1438.5759 | 1409.6548 | 1429.6711 |
| June | 1420.3924 | 1380.3472 | 1396.9594 |
| July | 1446.2013 | 1390.4787 | 1419.2575 |
| August | 1455.9298 | 1427.7259 | 1440.0596 |
| September | 1463.4452 | 1426.2745 | 1441.9698 |
| October | 1459.3136 | 1443.1925 | 1447.8134 |
| November | 1443.8833 | 1436.4383 | 1440.7478 |
| December | 1441.1758 | 1425.2275 | 1432.5146 |