2017 ARS to MNT Historical Review

YEARLY HIGH

161.4394 MNT

YEARLY LOW

126.3442 MNT

YEARLY AVERAGE

147.5663 MNT

2017 ARS to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ARS to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 161.4394. Conversely, the yearly low was recorded on December 28, dropping to 126.3442.

This high-to-low spread represents a total annual volatility of 35.0952 MNT. From a start-to-finish perspective, comparing the January average rate of 156.3515 to the December average rate of 137.2684, the exchange rate registered a net change of -12.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 161.4394 was down 0.67% compared to the 2016 peak of 162.5223, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 807,197 MNT

2016 Average 724,946 MNT

Yearly Trough Low 631,721 MNT

Transaction Impact: A difference of 175,475.91 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

160.8785

135.1220

JanuMarcMayJulySeptNove

ARS 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 155.2350, compared to 139.8976 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 15.3374 points.

H1 Avg (Jan–Jun) 155.2350

H2 Avg (Jul–Dec) 139.8976

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 15.3903 MNT (High: 141.7346 / Low: 126.3442). On the other end, November was the most stable month, with a tight range of 2.0992 MNT (High: 141.0120 / Low: 138.9129).

December Spread (Volatile) ±15.3903

November Spread (Stable) ±2.0992

Growth Streaks & Declines

Trends

Between July and September, 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 June and July, when the average rate fell by 7.4514 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -7.4514

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 158.2448) against the same month in 2016 (average: 137.1049), the exchange rate shifted by +21.1398 (+15.42%).

2017 Avg (March) 158.2448

2016 Avg (March) 137.1049

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	157.6668	154.1881	156.3515
February	161.2526	155.2132	158.7321
March	161.4394	156.8075	158.2448
April	159.1445	156.0898	157.6226
May	157.9356	148.4985	153.4412
June	149.6307	141.0826	147.0179
July	142.4138	136.6895	139.5665
August	142.8418	137.6462	140.0005
September	144.4057	139.5017	141.9685
October	141.7685	138.5525	140.5965
November	141.0120	138.9129	139.9851
December	141.7346	126.3442	137.2684

૨૦૨૫ ARS થી MNT ઐતિહાસિક સમીક્ષા