YEARLY HIGH
26.7241 MNT
YEARLY LOW
23.0556 MNT
YEARLY AVERAGE
24.8640 MNT

2017 CVE to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CVE to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 26.7241. Conversely, the yearly low was recorded on April 16, dropping to 23.0556.

This high-to-low spread represents a total annual volatility of 3.6685 MNT. From a start-to-finish perspective, comparing the January average rate of 23.9033 to the December average rate of 26.0186, the exchange rate registered a net change of 8.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 26.7241 was up 10.24% compared to the 2016 peak of 24.2420, 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 133,620 MNT
2016 Average 107,361 MNT
Yearly Trough Low 115,278 MNT
Transaction Impact: A difference of 18,342.55 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

26.6390
23.1133
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 23.8164, compared to 25.9115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0950 points.

H1 Avg (Jan–Jun) 23.8164
H2 Avg (Jul–Dec) 25.9115

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 1.9654 MNT (High: 26.0695 / Low: 24.1041). On the other end, December was the most stable month, with a tight range of 0.4199 MNT (High: 26.2786 / Low: 25.8587).

July Spread (Volatile) ±1.9654
December Spread (Stable) ±0.4199

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3221 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3221

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 26.3452) against the same month in 2016 (average: 22.7457), the exchange rate shifted by +3.5995 (+15.83%).

2017 Avg (September) 26.3452
2016 Avg (September) 22.7457

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 24.1110 23.6049 23.9033
February 24.0137 23.5831 23.7778
March 24.1114 23.4728 23.7292
April 23.9025 23.0556 23.4071
May 24.4990 23.6329 24.0694
June 24.3188 23.7021 24.0119
July 26.0695 24.1041 24.9845
August 26.3958 25.8953 26.0625
September 26.7241 25.9879 26.3452
October 26.3002 25.6677 26.1046
November 26.3562 25.6768 25.9535
December 26.2786 25.8587 26.0186