2018 BIF to MNT Historical Review

YEARLY HIGH

1.4080 MNT

YEARLY LOW

1.2238 MNT

YEARLY AVERAGE

1.3674 MNT

2018 BIF to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BIF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 1.4080. Conversely, the yearly low was recorded on June 13, dropping to 1.2238.

This high-to-low spread represents a total annual volatility of 0.1842 MNT. From a start-to-finish perspective, comparing the January average rate of 1.3740 to the December average rate of 1.3634, the exchange rate registered a net change of -0.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.4080 was down 5.85% compared to the 2017 peak of 1.4955, 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 7,040 MNT

2017 Average 7,068 MNT

Yearly Trough Low 6,119 MNT

Transaction Impact: A difference of 920.99 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.3921

1.3452

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 1.3572, compared to 1.3776 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0204 points.

H1 Avg (Jan–Jun) 1.3572

H2 Avg (Jul–Dec) 1.3776

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.1583 MNT (High: 1.3821 / Low: 1.2238). On the other end, September was the most stable month, with a tight range of 0.0121 MNT (High: 1.3795 / Low: 1.3674).

June Spread (Volatile) ±0.1583

September Spread (Stable) ±0.0121

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0214 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0214

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 1.3849) against the same month in 2017 (average: 1.3941), the exchange rate shifted by -0.0092 (-0.66%).

2018 Avg (November) 1.3849

2017 Avg (November) 1.3941

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3874	1.3643	1.3740
February	1.3735	1.3469	1.3601
March	1.3640	1.3426	1.3545
April	1.3585	1.3389	1.3491
May	1.3681	1.3423	1.3551
June	1.3821	1.2238	1.3505
July	1.3917	1.3663	1.3781
August	1.3854	1.3674	1.3755
September	1.3795	1.3674	1.3753
October	1.4044	1.3692	1.3882
November	1.4080	1.3673	1.3849
December	1.3972	1.3456	1.3634