2017 JMD to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 JMD to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the JMD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 19.5369. Conversely, the yearly low was recorded on July 3, dropping to 18.0751.
This high-to-low spread represents a total annual volatility of 1.4618 MNT. From a start-to-finish perspective, comparing the January average rate of 19.2835 to the December average rate of 19.4309, the exchange rate registered a net change of 0.76% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 19.5369 was up 1.05% compared to the 2016 peak of 19.3339, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
JMD 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 18.8548, compared to 19.1006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2458 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 1.1723 MNT (High: 19.2474 / Low: 18.0751). On the other end, December was the most stable month, with a tight range of 0.1616 MNT (High: 19.4926 / Low: 19.3309).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.3839 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2017: 19.3857) against the same month in 2016 (average: 18.8071), the exchange rate shifted by +0.5786 (+3.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.4718 | 19.0977 | 19.2835 |
| February | 19.3217 | 18.9662 | 19.1964 |
| March | 19.3361 | 18.8931 | 19.0802 |
| April | 18.9583 | 18.5512 | 18.7252 |
| May | 18.7627 | 18.3914 | 18.6136 |
| June | 18.4374 | 18.0782 | 18.2297 |
| July | 19.2474 | 18.0751 | 18.6963 |
| August | 19.2489 | 18.8677 | 19.0937 |
| September | 18.9945 | 18.7257 | 18.8373 |
| October | 19.3507 | 18.7746 | 19.1597 |
| November | 19.5369 | 19.2489 | 19.3857 |
| December | 19.4926 | 19.3309 | 19.4309 |