YEARLY HIGH
3341.0530 MNT
YEARLY LOW
2972.9831 MNT
YEARLY AVERAGE
3137.3137 MNT

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.

Transfer Payout Power Comparison

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

Yearly Peak High 16,705,265 MNT
2016 Average 14,446,011 MNT
Yearly Trough Low 14,864,916 MNT
Transaction Impact: A difference of 1,840,349.32 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

3282.1937
3005.2556
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 3063.1546
H2 Avg (Jul–Dec) 3211.4729

Volatility Range Comparison

Volatility

The 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).

September Spread (Volatile) ±207.6679
February Spread (Stable) ±43.8655

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -84.4202

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (September) 3258.3211
2016 Avg (September) 2941.0663

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