YEARLY HIGH
2.1482 MNT
YEARLY LOW
1.6438 MNT
YEARLY AVERAGE
1.8784 MNT

2016 IQD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the IQD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 2.1482. Conversely, the yearly low was recorded on June 27, dropping to 1.6438.

This high-to-low spread represents a total annual volatility of 0.5044 MNT. From a start-to-finish perspective, comparing the January average rate of 1.8287 to the December average rate of 2.1059, the exchange rate registered a net change of 15.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.1482 was up 15.48% compared to the 2015 peak of 1.8603, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,741 MNT
2015 Average 8,448 MNT
Yearly Trough Low 8,219 MNT
Transaction Impact: A difference of 2,521.97 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.1489
1.6339
JanuMarcMayJulySeptNove

IQD 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 1.8068, compared to 1.9500 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1432 points.

H1 Avg (Jan–Jun) 1.8068
H2 Avg (Jul–Dec) 1.9500

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.1676 MNT (High: 1.9362 / Low: 1.7687). On the other end, March was the most stable month, with a tight range of 0.0159 MNT (High: 1.8806 / Low: 1.8647).

August Spread (Volatile) ±0.1676
March Spread (Stable) ±0.0159

Growth Streaks & Declines

Trends

Between 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 0.0918 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0918

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 2.1059) against the same month in 2015 (average: 1.8173), the exchange rate shifted by +0.2887 (+15.89%).

2016 Avg (December) 2.1059
2015 Avg (December) 1.8173

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8417 1.8090 1.8287
February 1.8684 1.8436 1.8543
March 1.8806 1.8647 1.8762
April 1.8809 1.7842 1.8362
May 1.8212 1.6898 1.7686
June 1.6915 1.6438 1.6768
July 1.7649 1.6955 1.7285
August 1.9362 1.7687 1.8704
September 1.9629 1.8962 1.9204
October 2.0339 1.9491 1.9819
November 2.1216 2.0382 2.0929
December 2.1482 2.0884 2.1059