2017 FKP to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 FKP to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the FKP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 3341.0530. Conversely, the yearly low was recorded on June 20, dropping to 2972.9831.
This high-to-low spread represents a total annual volatility of 368.0699 MNT. From a start-to-finish perspective, comparing the January average rate of 3067.1570 to the December average rate of 3259.1156, the exchange rate registered a net change of 6.26% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 3341.0530 was up 6.42% compared to the 2016 peak of 3139.6379, 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 2017.
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 3063.1546, compared to 3211.4729 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 148.3183 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was September, with a trading range of 207.6679 MNT (High: 3341.0530 / Low: 3133.3851). On the other end, February was the most stable month, with a tight range of 43.8655 MNT (High: 3103.8034 / Low: 3059.9379).
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 May and June, when the average rate fell by 84.4202 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 3258.3211) against the same month in 2016 (average: 2941.0663), the exchange rate shifted by +317.2548 (+10.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3131.9229 | 3000.1882 | 3067.1570 |
| February | 3103.8034 | 3059.9379 | 3083.9091 |
| March | 3080.8579 | 2981.6699 | 3030.7190 |
| April | 3126.8399 | 3000.6798 | 3056.0546 |
| May | 3148.5703 | 3071.1873 | 3112.7540 |
| June | 3086.0593 | 2972.9831 | 3028.3338 |
| July | 3217.0403 | 3036.7928 | 3116.5235 |
| August | 3235.3695 | 3115.5849 | 3159.7545 |
| September | 3341.0530 | 3133.3851 | 3258.3211 |
| October | 3294.5886 | 3200.4335 | 3239.0593 |
| November | 3301.0110 | 3200.4932 | 3236.0633 |
| December | 3290.4703 | 3239.7077 | 3259.1156 |