2017 GMD to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GMD to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GMD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 58.1850. Conversely, the yearly low was recorded on December 31, dropping to 50.8342.
This high-to-low spread represents a total annual volatility of 7.3508 MNT. From a start-to-finish perspective, comparing the January average rate of 57.0512 to the December average rate of 51.1559, the exchange rate registered a net change of -10.33% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 58.1850 was down 0.05% compared to the 2016 peak of 58.2132, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
GMD 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 54.1836, compared to 52.2060 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9776 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 2.0899 MNT (High: 52.9891 / Low: 50.8992). On the other end, November was the most stable month, with a tight range of 0.6005 MNT (High: 51.9034 / Low: 51.3029).
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 1.4281 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 57.0512) against the same month in 2016 (average: 50.5533), the exchange rate shifted by +6.4979 (+12.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 58.1850 | 56.1483 | 57.0512 |
| February | 56.5373 | 55.4247 | 55.9612 |
| March | 55.5002 | 54.0549 | 54.8975 |
| April | 54.0076 | 53.0112 | 53.4694 |
| May | 53.0183 | 51.9266 | 52.2585 |
| June | 51.9055 | 50.9181 | 51.4640 |
| July | 52.9891 | 50.8992 | 52.0480 |
| August | 53.9006 | 52.6145 | 53.1207 |
| September | 53.6808 | 52.6352 | 53.1310 |
| October | 53.3670 | 51.6688 | 52.1356 |
| November | 51.9034 | 51.3029 | 51.6447 |
| December | 51.4580 | 50.8342 | 51.1559 |