2018 FKP to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 FKP to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the FKP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 3447.4213. Conversely, the yearly low was recorded on June 14, dropping to 2869.5307.
This high-to-low spread represents a total annual volatility of 577.8906 MNT. From a start-to-finish perspective, comparing the January average rate of 3347.7689 to the December average rate of 3122.0122, the exchange rate registered a net change of -6.74% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 3447.4213 was up 3.18% compared to the 2017 peak of 3341.0530, 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 2018.
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 3303.3952, compared to 3186.2757 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 117.1195 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 369.0212 MNT (High: 3238.5519 / Low: 2869.5307). On the other end, July was the most stable month, with a tight range of 70.1440 MNT (High: 3247.4985 / Low: 3177.3545).
Growth Streaks & Declines
TrendsBetween August and October, 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 April and May, when the average rate fell by 128.3472 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 3353.3678) against the same month in 2017 (average: 3083.9091), the exchange rate shifted by +269.4588 (+8.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3441.2539 | 3273.3396 | 3347.7689 |
| February | 3447.4213 | 3288.4958 | 3353.3678 |
| March | 3409.0307 | 3293.4660 | 3342.2334 |
| April | 3425.7633 | 3297.7434 | 3360.8307 |
| May | 3263.2583 | 3188.0305 | 3232.4835 |
| June | 3238.5519 | 2869.5307 | 3183.6871 |
| July | 3247.4985 | 3177.3545 | 3216.1366 |
| August | 3202.2845 | 3099.8257 | 3142.6873 |
| September | 3240.7960 | 3140.0972 | 3184.6738 |
| October | 3295.0550 | 3165.0574 | 3237.0575 |
| November | 3268.5978 | 3181.0064 | 3215.0872 |
| December | 3194.0760 | 3065.3100 | 3122.0122 |