YEARLY HIGH
0.2755 MNT
YEARLY LOW
0.2571 MNT
YEARLY AVERAGE
0.2669 MNT

2017 GNF to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GNF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on August 21, valuing the pair at 0.2755. Conversely, the yearly low was recorded on April 15, dropping to 0.2571.

This high-to-low spread represents a total annual volatility of 0.0184 MNT. From a start-to-finish perspective, comparing the January average rate of 0.2652 to the December average rate of 0.2696, the exchange rate registered a net change of 1.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2755 was down 0.04% compared to the 2016 peak of 0.2756, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,378 MNT
2016 Average 1,283 MNT
Yearly Trough Low 1,285 MNT
Transaction Impact: A difference of 92.14 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2745
0.2595
JanuMarcMayJulySeptNove

GNF 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 0.2628, compared to 0.2710 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0082 points.

H1 Avg (Jan–Jun) 0.2628
H2 Avg (Jul–Dec) 0.2710

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0151 MNT (High: 0.2726 / Low: 0.2575). On the other end, December was the most stable month, with a tight range of 0.0022 MNT (High: 0.2708 / Low: 0.2685).

July Spread (Volatile) ±0.0151
December Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between June and August, 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 March and April, when the average rate fell by 0.0025 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.2730) against the same month in 2016 (average: 0.2411), the exchange rate shifted by +0.0319 (+13.25%).

2017 Avg (August) 0.2730
2016 Avg (August) 0.2411

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2701 0.2614 0.2652
February 0.2681 0.2614 0.2636
March 0.2680 0.2605 0.2632
April 0.2665 0.2571 0.2608
May 0.2657 0.2579 0.2628
June 0.2636 0.2580 0.2609
July 0.2726 0.2575 0.2659
August 0.2755 0.2704 0.2730
September 0.2755 0.2691 0.2728
October 0.2755 0.2713 0.2732
November 0.2723 0.2695 0.2714
December 0.2708 0.2685 0.2696