YEARLY HIGH
27.3168 MNT
YEARLY LOW
22.9840 MNT
YEARLY AVERAGE
25.9587 MNT

2018 CVE to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CVE to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 27.3168. Conversely, the yearly low was recorded on June 12, dropping to 22.9840.

This high-to-low spread represents a total annual volatility of 4.3327 MNT. From a start-to-finish perspective, comparing the January average rate of 26.6835 to the December average rate of 25.3624, the exchange rate registered a net change of -4.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 27.3168 was up 2.22% compared to the 2017 peak of 26.7241, 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 136,584 MNT
2017 Average 124,361 MNT
Yearly Trough Low 114,920 MNT
Transaction Impact: A difference of 21,663.65 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

26.9304
25.1244
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 26.2673, compared to 25.6501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6172 points.

H1 Avg (Jan–Jun) 26.2673
H2 Avg (Jul–Dec) 25.6501

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 2.7563 MNT (High: 25.7403 / Low: 22.9840). On the other end, November was the most stable month, with a tight range of 0.4265 MNT (High: 25.8449 / Low: 25.4184).

June Spread (Volatile) ±2.7563
November Spread (Stable) ±0.4265

Growth Streaks & Declines

Trends

Between August and October, 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 April and May, when the average rate fell by 0.7950 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7950

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 26.6835) against the same month in 2017 (average: 23.9033), the exchange rate shifted by +2.7802 (+11.63%).

2018 Avg (January) 26.6835
2017 Avg (January) 23.9033

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.3168 26.1199 26.6835
February 27.2204 26.3451 26.7799
March 26.9632 26.3514 26.6612
April 26.7478 26.1513 26.4997
May 26.0881 25.2260 25.7047
June 25.7403 22.9840 25.2749
July 26.0545 25.6026 25.8089
August 25.8303 25.0350 25.4993
September 26.0258 25.5725 25.7575
October 26.1128 25.4965 25.8235
November 25.8449 25.4184 25.6489
December 25.7765 25.1280 25.3624