2017 BOB to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BOB to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BOB to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 361.8437. Conversely, the yearly low was recorded on July 3, dropping to 337.0565.
This high-to-low spread represents a total annual volatility of 24.7871 MNT. From a start-to-finish perspective, comparing the January average rate of 359.0111 to the December average rate of 351.6834, the exchange rate registered a net change of -2.04% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 361.8437 was up 0.53% compared to the 2016 peak of 359.9380, 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 2017.
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 351.2057, compared to 350.7317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4741 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 15.6232 MNT (High: 352.6797 / Low: 337.0565). On the other end, May was the most stable month, with a tight range of 4.8561 MNT (High: 349.4315 / Low: 344.5753).
Growth Streaks & Declines
TrendsBetween June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 6.1162 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 359.0111) against the same month in 2016 (average: 289.0819), the exchange rate shifted by +69.9292 (+24.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 361.8437 | 355.1637 | 359.0111 |
| February | 359.0761 | 352.5245 | 357.1355 |
| March | 359.0087 | 352.0896 | 354.6689 |
| April | 352.4209 | 345.4886 | 348.5527 |
| May | 349.4315 | 344.5753 | 346.9110 |
| June | 345.8761 | 338.0617 | 340.9553 |
| July | 352.6797 | 337.0565 | 344.5981 |
| August | 352.9662 | 346.3338 | 350.3326 |
| September | 355.3190 | 346.1283 | 350.4060 |
| October | 356.3824 | 350.9689 | 354.8383 |
| November | 354.9359 | 349.0729 | 352.5315 |
| December | 354.9827 | 349.5336 | 351.6834 |