YEARLY HIGH
0.0829 MNT
YEARLY LOW
0.0680 MNT
YEARLY AVERAGE
0.0738 MNT

2017 IRR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the IRR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0829. Conversely, the yearly low was recorded on December 31, dropping to 0.0680.

This high-to-low spread represents a total annual volatility of 0.0149 MNT. From a start-to-finish perspective, comparing the January average rate of 0.0784 to the December average rate of 0.0690, the exchange rate registered a net change of -12.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0829 was up 0.25% compared to the 2016 peak of 0.0827, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 414 MNT
2016 Average 355 MNT
Yearly Trough Low 340 MNT
Transaction Impact: A difference of 74.37 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0794
0.0680
JanuMarcMayJulySeptNove

IRR 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 0.0753, compared to 0.0722 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.0753
H2 Avg (Jul–Dec) 0.0722

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0071 MNT (High: 0.0829 / Low: 0.0757). On the other end, May was the most stable month, with a tight range of 0.0006 MNT (High: 0.0745 / Low: 0.0738).

January Spread (Volatile) ±0.0071
May Spread (Stable) ±0.0006

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 January and February, when the average rate fell by 0.0021 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0784) against the same month in 2016 (average: 0.0666), the exchange rate shifted by +0.0119 (+17.83%).

2017 Avg (January) 0.0784
2016 Avg (January) 0.0666

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0829 0.0757 0.0784
February 0.0765 0.0757 0.0763
March 0.0763 0.0754 0.0757
April 0.0753 0.0739 0.0745
May 0.0745 0.0738 0.0742
June 0.0737 0.0722 0.0729
July 0.0745 0.0722 0.0735
August 0.0750 0.0731 0.0742
September 0.0740 0.0730 0.0734
October 0.0735 0.0709 0.0723
November 0.0709 0.0701 0.0705
December 0.0701 0.0680 0.0690