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2016 MXN to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MXN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 131.4546. Conversely, the yearly low was recorded on June 27, dropping to 101.5982.
This high-to-low spread represents a total annual volatility of 29.8564 MNT. From a start-to-finish perspective, comparing the January average rate of 110.8261 to the December average rate of 120.6624, the exchange rate registered a net change of 8.88% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 131.4546 was down 1.66% compared to the 2015 peak of 133.6766, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 MXN based on timing:
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MXN 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 111.2081, compared to 117.7977 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 6.5896 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was August, with a trading range of 14.2049 MNT (High: 123.8222 / Low: 109.6173). On the other end, December was the most stable month, with a tight range of 3.1880 MNT (High: 122.0418 / Low: 118.8538).
Growth Streaks & Declines
TrendsBetween 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 5.3805 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 121.0670) against the same month in 2015 (average: 119.6574), the exchange rate shifted by +1.4095 (+1.18%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 115.7210 | 107.2011 | 110.8261 |
| February | 111.8817 | 105.4938 | 109.3722 |
| March | 118.3829 | 112.9246 | 115.8930 |
| April | 118.1483 | 113.3184 | 115.0703 |
| May | 117.0663 | 107.9212 | 110.7337 |
| June | 108.8880 | 101.5982 | 105.3532 |
| July | 109.9152 | 106.2583 | 108.7082 |
| August | 123.8222 | 109.6173 | 118.0127 |
| September | 120.8091 | 113.3376 | 116.5764 |
| October | 126.0423 | 117.6079 | 121.7597 |
| November | 131.4546 | 117.5099 | 121.0670 |
| December | 122.0418 | 118.8538 | 120.6624 |