2018 BOB to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BOB to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BOB to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 363.9651. Conversely, the yearly low was recorded on June 13, dropping to 313.2508.
This high-to-low spread represents a total annual volatility of 50.7142 MNT. From a start-to-finish perspective, comparing the January average rate of 350.4929 to the December average rate of 356.5668, the exchange rate registered a net change of 1.73% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 363.9651 was up 0.59% compared to the 2017 peak of 361.8437, 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 2018.
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 347.3080, compared to 356.2918 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.9837 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 40.4340 MNT (High: 353.6848 / Low: 313.2508). On the other end, March was the most stable month, with a tight range of 1.9382 MNT (High: 346.8670 / Low: 344.9289).
Growth Streaks & Declines
TrendsBetween September and November, 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 November and December, when the average rate fell by 4.3774 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 356.5668) against the same month in 2017 (average: 351.6834), the exchange rate shifted by +4.8834 (+1.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 353.7798 | 347.6727 | 350.4929 |
| February | 349.7377 | 345.9939 | 347.3419 |
| March | 346.8670 | 344.9289 | 346.1744 |
| April | 347.1960 | 345.2218 | 345.9627 |
| May | 348.4510 | 346.2557 | 347.3767 |
| June | 353.6848 | 313.2508 | 346.4996 |
| July | 355.7128 | 352.4347 | 353.5916 |
| August | 354.7620 | 352.7538 | 353.5788 |
| September | 353.7343 | 350.9149 | 353.1587 |
| October | 361.4170 | 353.3641 | 359.9106 |
| November | 363.5515 | 358.8377 | 360.9442 |
| December | 363.9651 | 353.6754 | 356.5668 |