2016 HNL to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 HNL to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the HNL to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 107.0077. Conversely, the yearly low was recorded on June 26, dropping to 85.2710.
This high-to-low spread represents a total annual volatility of 21.7367 MNT. From a start-to-finish perspective, comparing the January average rate of 89.0245 to the December average rate of 106.1816, the exchange rate registered a net change of 19.27% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 107.0077 was up 13.28% compared to the 2015 peak of 94.4628, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HNL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
HNL 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 88.9019, compared to 99.0790 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.1771 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was August, with a trading range of 8.0039 MNT (High: 98.7684 / Low: 90.7646). On the other end, January was the most stable month, with a tight range of 0.6759 MNT (High: 89.3623 / Low: 88.6864).
Growth Streaks & Declines
TrendsBetween June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 2.2210 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 106.1816) against the same month in 2015 (average: 91.0699), the exchange rate shifted by +15.1117 (+16.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 89.3623 | 88.6864 | 89.0245 |
| February | 89.8881 | 89.0369 | 89.4245 |
| March | 90.7414 | 89.6677 | 90.3489 |
| April | 90.6370 | 87.5834 | 89.1482 |
| May | 89.3608 | 88.0621 | 88.8431 |
| June | 88.1490 | 85.2710 | 86.6221 |
| July | 90.9867 | 86.9147 | 88.6626 |
| August | 98.7684 | 90.7646 | 95.3982 |
| September | 99.8408 | 96.4098 | 97.9222 |
| October | 104.3124 | 98.8421 | 100.8660 |
| November | 106.5568 | 104.0260 | 105.4434 |
| December | 107.0077 | 105.6660 | 106.1816 |