2018 GMD to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GMD to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GMD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on June 27, valuing the pair at 51.8432. Conversely, the yearly low was recorded on June 12, dropping to 45.8755.
This high-to-low spread represents a total annual volatility of 5.9676 MNT. From a start-to-finish perspective, comparing the January average rate of 50.4749 to the December average rate of 49.8187, the exchange rate registered a net change of -1.30% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 51.8432 was down 10.90% compared to the 2017 peak of 58.1850, 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 2018.
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 50.6693, compared to 50.4387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2306 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 5.9676 MNT (High: 51.8432 / Low: 45.8755). On the other end, August was the most stable month, with a tight range of 0.2059 MNT (High: 50.8785 / Low: 50.6726).
Growth Streaks & Declines
TrendsBetween March and May, 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 November and December, when the average rate fell by 0.4824 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 50.7495) against the same month in 2017 (average: 51.4640), the exchange rate shifted by -0.7145 (-1.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 50.9642 | 49.6542 | 50.4749 |
| February | 50.9904 | 50.1116 | 50.7084 |
| March | 50.6885 | 50.1957 | 50.5687 |
| April | 50.8103 | 50.4009 | 50.6156 |
| May | 51.0726 | 50.7963 | 50.8989 |
| June | 51.8432 | 45.8755 | 50.7495 |
| July | 51.7774 | 50.7671 | 51.1749 |
| August | 50.8785 | 50.6726 | 50.7662 |
| September | 50.8732 | 49.5419 | 50.3168 |
| October | 50.3935 | 49.6048 | 50.2546 |
| November | 50.6404 | 50.0563 | 50.3010 |
| December | 50.7787 | 49.4708 | 49.8187 |