YEARLY HIGH
24.2420 MNT
YEARLY LOW
19.4231 MNT
YEARLY AVERAGE
21.4695 MNT

2016 CVE to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CVE to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 24.2420. Conversely, the yearly low was recorded on January 5, dropping to 19.4231.

This high-to-low spread represents a total annual volatility of 4.8188 MNT. From a start-to-finish perspective, comparing the January average rate of 19.6777 to the December average rate of 23.6724, the exchange rate registered a net change of 20.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 24.2420 was up 15.79% compared to the 2015 peak of 20.9363, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CVE based on timing:

Yearly Peak High 121,210 MNT
2015 Average 99,051 MNT
Yearly Trough Low 97,116 MNT
Transaction Impact: A difference of 24,094.24 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

24.1914
19.2674
JanuMarcMayJulySeptNove

CVE to MNT Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 20.3179, compared to 22.6211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3032 points.

H1 Avg (Jan–Jun) 20.3179
H2 Avg (Jul–Dec) 22.6211

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 2.2742 MNT (High: 23.1652 / Low: 20.8910). On the other end, January was the most stable month, with a tight range of 0.3766 MNT (High: 19.7997 / Low: 19.4231).

August Spread (Volatile) ±2.2742
January Spread (Stable) ±0.3766

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.5924 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.5924

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 23.7811) against the same month in 2015 (average: 19.3635), the exchange rate shifted by +4.4176 (+22.81%).

2016 Avg (November) 23.7811
2015 Avg (November) 19.3635

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.7997 19.4231 19.6777
February 20.6036 19.7861 20.3101
March 20.9946 20.0053 20.5903
April 21.0855 20.2289 20.6827
May 21.0524 20.1425 20.6196
June 20.5225 19.4430 20.0272
July 20.8722 19.9799 20.2809
August 23.1652 20.8910 22.1707
September 23.2305 22.3122 22.7457
October 23.5596 22.7238 23.0761
November 24.2420 23.3239 23.7811
December 24.1657 23.3010 23.6724