YEARLY HIGH
1514.3844 MNT
YEARLY LOW
1300.6468 MNT
YEARLY AVERAGE
1406.3408 MNT

2017 BGN to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 1514.3844. Conversely, the yearly low was recorded on April 17, dropping to 1300.6468.

This high-to-low spread represents a total annual volatility of 213.7376 MNT. From a start-to-finish perspective, comparing the January average rate of 1350.0267 to the December average rate of 1472.2933, the exchange rate registered a net change of 9.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1514.3844 was up 10.92% compared to the 2016 peak of 1365.2544, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,571,922 MNT
2016 Average 6,052,232 MNT
Yearly Trough Low 6,503,234 MNT
Transaction Impact: A difference of 1,068,688.04 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1507.2075
1307.1000
JanuMarcMayJulySeptNove

BGN 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 1347.0555, compared to 1465.6261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 118.5707 points.

H1 Avg (Jan–Jun) 1347.0555
H2 Avg (Jul–Dec) 1465.6261

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 111.9414 MNT (High: 1475.3860 / Low: 1363.4446). On the other end, February was the most stable month, with a tight range of 26.5733 MNT (High: 1359.0327 / Low: 1332.4594).

July Spread (Volatile) ±111.9414
February Spread (Stable) ±26.5733

Growth Streaks & Declines

Trends

Between June and September, 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 March and April, when the average rate fell by 18.5943 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -18.5943

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 1490.5319) against the same month in 2016 (average: 1282.0090), the exchange rate shifted by +208.5229 (+16.27%).

2017 Avg (September) 1490.5319
2016 Avg (September) 1282.0090

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1366.6712 1323.7449 1350.0267
February 1359.0327 1332.4594 1344.8574
March 1362.4823 1326.2809 1342.3699
April 1351.0866 1300.6468 1323.7757
May 1387.1811 1337.3777 1362.5011
June 1378.6011 1339.9920 1358.8021
July 1475.3860 1363.4446 1413.0006
August 1490.7281 1462.0264 1473.9236
September 1514.3844 1470.7785 1490.5319
October 1488.5161 1454.8787 1474.2858
November 1489.9371 1451.9552 1469.7216
December 1487.7019 1460.8961 1472.2933