YEARLY HIGH
111.7274 MNT
YEARLY LOW
88.2037 MNT
YEARLY AVERAGE
102.1329 MNT

2017 ETB to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 111.7274. Conversely, the yearly low was recorded on December 18, dropping to 88.2037.

This high-to-low spread represents a total annual volatility of 23.5237 MNT. From a start-to-finish perspective, comparing the January average rate of 110.0943 to the December average rate of 88.8682, the exchange rate registered a net change of -19.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 111.7274 was up 0.04% compared to the 2016 peak of 111.6874, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 558,637 MNT
2016 Average 489,867 MNT
Yearly Trough Low 441,019 MNT
Transaction Impact: A difference of 117,618.25 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

112.2169
86.7456
JanuMarcMayJulySeptNove

ETB 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 106.6853, compared to 97.5804 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.1050 points.

H1 Avg (Jan–Jun) 106.6853
H2 Avg (Jul–Dec) 97.5804

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 14.9551 MNT (High: 104.6388 / Low: 89.6837). On the other end, November was the most stable month, with a tight range of 1.7107 MNT (High: 90.5713 / Low: 88.8606).

October Spread (Volatile) ±14.9551
November Spread (Stable) ±1.7107

Growth Streaks & Declines

Trends

Between June and August, 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 September and October, when the average rate fell by 8.7832 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -8.7832

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 110.0943) against the same month in 2016 (average: 93.9925), the exchange rate shifted by +16.1019 (+17.13%).

2017 Avg (January) 110.0943
2016 Avg (January) 93.9925

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 111.7274 108.2569 110.0943
February 110.1530 107.8965 109.0211
March 109.6060 106.8451 108.0304
April 107.5423 104.5516 105.7735
May 105.6783 103.9072 104.7343
June 104.0213 101.1541 102.4584
July 105.4469 100.8400 103.1175
August 105.1630 103.1516 104.5252
September 105.1281 102.9576 104.0653
October 104.6388 89.6837 95.2821
November 90.5713 88.8606 89.6241
December 89.9394 88.2037 88.8682