2016 FKP to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 FKP to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the FKP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 3139.6379. Conversely, the yearly low was recorded on June 27, dropping to 2565.5604.
This high-to-low spread represents a total annual volatility of 574.0775 MNT. From a start-to-finish perspective, comparing the January average rate of 2876.4982 to the December average rate of 3090.0675, the exchange rate registered a net change of 7.42% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 3139.6379 was up 0.12% compared to the 2015 peak of 3135.9677, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
FKP 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 2876.6744, compared to 2902.1452 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 25.4708 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 337.1665 MNT (High: 2902.7269 / Low: 2565.5604). On the other end, May was the most stable month, with a tight range of 62.5365 MNT (High: 2951.1829 / Low: 2888.6464).
Growth Streaks & Declines
TrendsBetween January and March, 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 June and July, when the average rate fell by 136.6261 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 3090.0675) against the same month in 2015 (average: 2987.0823), the exchange rate shifted by +102.9852 (+3.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2939.5224 | 2833.7992 | 2876.4982 |
| February | 2932.9204 | 2818.5028 | 2888.2665 |
| March | 2958.8312 | 2832.8895 | 2913.2884 |
| April | 2938.9505 | 2828.4827 | 2877.8109 |
| May | 2951.1829 | 2888.6464 | 2911.3945 |
| June | 2902.7269 | 2565.5604 | 2792.7881 |
| July | 2727.4511 | 2577.3251 | 2656.1620 |
| August | 2982.3201 | 2723.8623 | 2854.2948 |
| September | 2972.6356 | 2909.2446 | 2941.0663 |
| October | 2963.3427 | 2763.8002 | 2847.0412 |
| November | 3093.8406 | 2903.8951 | 3024.2393 |
| December | 3139.6379 | 3036.8125 | 3090.0675 |