2017 FJD to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 FJD to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the FJD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 1231.5656. Conversely, the yearly low was recorded on May 14, dropping to 1138.2684.
This high-to-low spread represents a total annual volatility of 93.2972 MNT. From a start-to-finish perspective, comparing the January average rate of 1192.9347 to the December average rate of 1177.3826, the exchange rate registered a net change of -1.30% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 1231.5656 was up 3.23% compared to the 2016 peak of 1193.0110, 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 2017.
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 1172.2826, compared to 1192.8936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.6111 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 68.4968 MNT (High: 1216.4274 / Low: 1147.9306). On the other end, June was the most stable month, with a tight range of 17.8591 MNT (High: 1156.3446 / Low: 1138.4855).
Growth Streaks & Declines
TrendsBetween 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 22.2225 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 1212.6718) against the same month in 2016 (average: 1091.5882), the exchange rate shifted by +121.0836 (+11.09%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1208.0681 | 1164.4638 | 1192.9347 |
| February | 1212.7867 | 1184.0115 | 1200.8515 |
| March | 1194.0800 | 1169.8744 | 1182.2606 |
| April | 1171.4266 | 1149.7926 | 1160.0381 |
| May | 1160.3768 | 1138.2684 | 1149.9070 |
| June | 1156.3446 | 1138.4855 | 1147.7036 |
| July | 1216.4274 | 1147.9306 | 1179.5604 |
| August | 1229.1662 | 1193.4063 | 1208.7158 |
| September | 1231.5656 | 1195.2996 | 1212.6718 |
| October | 1212.1188 | 1180.4544 | 1198.2685 |
| November | 1191.9985 | 1169.5967 | 1180.7628 |
| December | 1189.5337 | 1165.2086 | 1177.3826 |