2016 BZD to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BZD to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BZD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 1243.4414. Conversely, the yearly low was recorded on June 23, dropping to 964.7696.
This high-to-low spread represents a total annual volatility of 278.6718 MNT. From a start-to-finish perspective, comparing the January average rate of 1000.8184 to the December average rate of 1235.1139, the exchange rate registered a net change of 23.41% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 1243.4414 was up 23.59% compared to the 2015 peak of 1006.1426, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BZD 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 1004.8721, compared to 1136.9803 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 132.1082 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was August, with a trading range of 93.9776 MNT (High: 1129.2868 / Low: 1035.3092). On the other end, January was the most stable month, with a tight range of 10.0009 MNT (High: 1005.4375 / Low: 995.4366).
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 May and June, when the average rate fell by 21.8002 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 1235.1139) against the same month in 2015 (average: 999.6593), the exchange rate shifted by +235.4546 (+23.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1005.4375 | 995.4366 | 1000.8184 |
| February | 1019.2542 | 1005.5280 | 1011.8025 |
| March | 1028.0355 | 1016.1284 | 1023.6948 |
| April | 1026.3436 | 990.4887 | 1008.3466 |
| May | 1010.4362 | 991.2502 | 1003.1853 |
| June | 995.9435 | 964.7696 | 981.3851 |
| July | 1034.4150 | 988.0800 | 1009.6698 |
| August | 1129.2868 | 1035.3092 | 1090.9973 |
| September | 1142.1665 | 1103.6008 | 1118.8199 |
| October | 1189.2531 | 1129.4832 | 1153.1778 |
| November | 1232.3004 | 1187.3194 | 1214.1032 |
| December | 1243.4414 | 1230.7423 | 1235.1139 |