2017 ILS to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 ILS to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the ILS to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 703.7607. Conversely, the yearly low was recorded on January 3, dropping to 643.7762.
This high-to-low spread represents a total annual volatility of 59.9844 MNT. From a start-to-finish perspective, comparing the January average rate of 650.9649 to the December average rate of 694.5936, the exchange rate registered a net change of 6.70% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 703.7607 was up 8.20% compared to the 2016 peak of 650.4233, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ILS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
ILS 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 665.1409, compared to 689.1211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 23.9802 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was February, with a trading range of 28.2818 MNT (High: 677.9271 / Low: 649.6453). On the other end, November was the most stable month, with a tight range of 8.4576 MNT (High: 699.2521 / Low: 690.7946).
Growth Streaks & Declines
TrendsBetween June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 9.4346 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 692.9565) against the same month in 2016 (average: 594.3363), the exchange rate shifted by +98.6202 (+16.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 655.4193 | 643.7762 | 650.9649 |
| February | 677.9271 | 649.6453 | 663.8176 |
| March | 678.8209 | 666.5655 | 672.1295 |
| April | 673.0963 | 655.0911 | 662.6949 |
| May | 677.4974 | 666.5917 | 670.9965 |
| June | 674.2314 | 663.5832 | 670.2421 |
| July | 684.0454 | 668.3099 | 675.1089 |
| August | 685.8763 | 672.8036 | 677.3730 |
| September | 703.7607 | 677.0729 | 692.9565 |
| October | 703.3382 | 693.7184 | 698.8934 |
| November | 699.2521 | 690.7946 | 695.8014 |
| December | 699.8019 | 686.0598 | 694.5936 |