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2016 BWP to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BWP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 233.8029. Conversely, the yearly low was recorded on January 20, dropping to 170.9436.
This high-to-low spread represents a total annual volatility of 62.8592 MNT. From a start-to-finish perspective, comparing the January average rate of 173.3820 to the December average rate of 230.6242, the exchange rate registered a net change of 33.02% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 233.8029 was up 13.15% compared to the 2015 peak of 206.6291, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BWP based on timing:
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BWP 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: JanâJun) was 180.5675, compared to 213.3133 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 32.7458 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was August, with a trading range of 22.3709 MNT (High: 218.0872 / Low: 195.7163). On the other end, April was the most stable month, with a tight range of 5.5796 MNT (High: 189.8284 / Low: 184.2488).
Growth Streaks & Declines
TrendsBetween June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 3.7829 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 230.6242) against the same month in 2015 (average: 180.6589), the exchange rate shifted by +49.9653 (+27.66%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 176.6530 | 170.9436 | 173.3820 |
| February | 183.1101 | 175.4315 | 178.9934 |
| March | 188.2979 | 179.2108 | 183.2485 |
| April | 189.8284 | 184.2488 | 186.2971 |
| May | 189.8450 | 177.4654 | 182.5142 |
| June | 183.1654 | 174.7680 | 178.9697 |
| July | 194.0853 | 182.2064 | 187.3208 |
| August | 218.0872 | 195.7163 | 207.8313 |
| September | 218.1577 | 203.6525 | 210.4750 |
| October | 224.7609 | 209.9151 | 216.8128 |
| November | 231.8567 | 221.2653 | 226.8157 |
| December | 233.8029 | 227.9718 | 230.6242 |