2016 BND to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BND to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BND to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 1749.3586. Conversely, the yearly low was recorded on January 16, dropping to 1383.2108.
This high-to-low spread represents a total annual volatility of 366.1478 MNT. From a start-to-finish perspective, comparing the January average rate of 1395.1150 to the December average rate of 1724.4385, the exchange rate registered a net change of 23.61% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 1749.3586 was up 17.95% compared to the 2015 peak of 1483.1244, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BND 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: Jan–Jun) was 1454.8170, compared to 1645.6534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 190.8364 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was August, with a trading range of 140.1305 MNT (High: 1678.3152 / Low: 1538.1848). On the other end, January was the most stable month, with a tight range of 24.7143 MNT (High: 1407.9252 / Low: 1383.2108).
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 24.9927 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 1721.8283) against the same month in 2015 (average: 1407.8321), the exchange rate shifted by +313.9962 (+22.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1407.9252 | 1383.2108 | 1395.1150 |
| February | 1447.3108 | 1405.9168 | 1437.3980 |
| March | 1513.4481 | 1446.7364 | 1489.3022 |
| April | 1517.6503 | 1467.4476 | 1490.5490 |
| May | 1499.6052 | 1444.1839 | 1465.5563 |
| June | 1470.5047 | 1429.1715 | 1450.9815 |
| July | 1533.8070 | 1472.0587 | 1495.9470 |
| August | 1678.3152 | 1538.1848 | 1618.0815 |
| September | 1674.7907 | 1619.4569 | 1646.1450 |
| October | 1705.6784 | 1640.7217 | 1667.4803 |
| November | 1749.3586 | 1699.3717 | 1721.8283 |
| December | 1742.5832 | 1708.2421 | 1724.4385 |