2016 BOB to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BOB to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BOB to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 359.9380. Conversely, the yearly low was recorded on June 25, dropping to 280.8270.
This high-to-low spread represents a total annual volatility of 79.1110 MNT. From a start-to-finish perspective, comparing the January average rate of 289.0819 to the December average rate of 357.8402, the exchange rate registered a net change of 23.79% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 359.9380 was up 23.93% compared to the 2015 peak of 290.4390, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BOB 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 291.6000, compared to 329.0085 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 37.4085 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was August, with a trading range of 27.1995 MNT (High: 326.1150 / Low: 298.9155). On the other end, January was the most stable month, with a tight range of 2.6205 MNT (High: 290.5004 / Low: 287.8800).
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 March and April, when the average rate fell by 6.0882 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 357.8402) against the same month in 2015 (average: 288.6736), the exchange rate shifted by +69.1666 (+23.96%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 290.5004 | 287.8800 | 289.0819 |
| February | 296.1046 | 290.3689 | 292.8207 |
| March | 299.9659 | 295.8488 | 298.6967 |
| April | 300.2076 | 285.9114 | 292.6085 |
| May | 292.5159 | 289.0093 | 290.9667 |
| June | 289.4566 | 280.8270 | 285.4257 |
| July | 298.5603 | 287.2574 | 292.9546 |
| August | 326.1150 | 298.9155 | 315.1902 |
| September | 330.8371 | 318.9420 | 323.4581 |
| October | 343.0733 | 327.5393 | 333.4288 |
| November | 356.6380 | 343.5375 | 351.1792 |
| December | 359.9380 | 354.8400 | 357.8402 |