2017 BIF to MNT Historical Review

YEARLY HIGH

1.4955 MNT

YEARLY LOW

1.3576 MNT

YEARLY AVERAGE

1.4138 MNT

2017 BIF to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BIF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 1.4955. Conversely, the yearly low was recorded on July 3, dropping to 1.3576.

This high-to-low spread represents a total annual volatility of 0.1379 MNT. From a start-to-finish perspective, comparing the January average rate of 1.4787 to the December average rate of 1.3824, the exchange rate registered a net change of -6.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.4955 was up 0.37% compared to the 2016 peak of 1.4900, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,477 MNT

2016 Average 6,616 MNT

Yearly Trough Low 6,788 MNT

Transaction Impact: A difference of 689.42 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.4893

1.3616

JanuMarcMayJulySeptNove

BIF 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 1.4329, compared to 1.3948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0381 points.

H1 Avg (Jan–Jun) 1.4329

H2 Avg (Jul–Dec) 1.3948

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0558 MNT (High: 1.4133 / Low: 1.3576). On the other end, November was the most stable month, with a tight range of 0.0128 MNT (High: 1.3997 / Low: 1.3870).

July Spread (Volatile) ±0.0558

November Spread (Stable) ±0.0128

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0423 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0423

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.4787) against the same month in 2016 (average: 1.2788), the exchange rate shifted by +0.1999 (+15.63%).

2017 Avg (January) 1.4787

2016 Avg (January) 1.2788

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4955	1.4515	1.4787
February	1.4738	1.4462	1.4597
March	1.4698	1.4269	1.4478
April	1.4412	1.4122	1.4244
May	1.4275	1.3921	1.4145
June	1.3933	1.3595	1.3723
July	1.4133	1.3576	1.3887
August	1.4154	1.3877	1.4029
September	1.4175	1.3838	1.4014
October	1.4042	1.3858	1.3993
November	1.3997	1.3870	1.3941
December	1.3907	1.3721	1.3824