2016 FJD to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 FJD to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the FJD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 1193.0110. Conversely, the yearly low was recorded on January 18, dropping to 916.7297.
This high-to-low spread represents a total annual volatility of 276.2814 MNT. From a start-to-finish perspective, comparing the January average rate of 927.2411 to the December average rate of 1177.5832, the exchange rate registered a net change of 27.00% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 1193.0110 was up 21.95% compared to the 2015 peak of 978.3089, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
FJD 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 953.4868, compared to 1100.5005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 147.0137 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was August, with a trading range of 102.4005 MNT (High: 1103.7738 / Low: 1001.3733). On the other end, January was the most stable month, with a tight range of 22.7282 MNT (High: 939.4578 / Low: 916.7297).
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 April and May, when the average rate fell by 17.9865 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 1171.1835) against the same month in 2015 (average: 925.9704), the exchange rate shifted by +245.2131 (+26.48%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 939.4578 | 916.7297 | 927.2411 |
| February | 958.2177 | 928.4637 | 945.5839 |
| March | 990.4802 | 951.1056 | 975.1976 |
| April | 990.4702 | 959.1980 | 972.9472 |
| May | 978.2126 | 938.9293 | 954.9607 |
| June | 956.6144 | 930.0878 | 944.9906 |
| July | 997.7697 | 953.1111 | 978.9592 |
| August | 1103.7738 | 1001.3733 | 1063.5212 |
| September | 1112.8336 | 1072.8310 | 1091.5882 |
| October | 1151.8825 | 1093.9216 | 1120.1677 |
| November | 1193.0110 | 1148.6503 | 1171.1835 |
| December | 1191.3607 | 1162.1492 | 1177.5832 |