YEARLY HIGH
3510.3896 MNT
YEARLY LOW
2731.4192 MNT
YEARLY AVERAGE
3021.7252 MNT

2016 JOD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 3510.3896. Conversely, the yearly low was recorded on June 26, dropping to 2731.4192.

This high-to-low spread represents a total annual volatility of 778.9704 MNT. From a start-to-finish perspective, comparing the January average rate of 2815.8154 to the December average rate of 3496.5594, the exchange rate registered a net change of 24.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 3510.3896 was up 24.61% compared to the 2015 peak of 2817.0042, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17,551,948 MNT
2015 Average 13,872,610 MNT
Yearly Trough Low 13,657,096 MNT
Transaction Impact: A difference of 3,894,852.01 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3568.6673
2703.3726
JanuMarcMayJulySeptNove

JOD 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 2832.3791, compared to 3211.0714 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 378.6923 points.

H1 Avg (Jan–Jun) 2832.3791
H2 Avg (Jul–Dec) 3211.0714

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 265.1452 MNT (High: 3182.9652 / Low: 2917.8200). On the other end, January was the most stable month, with a tight range of 22.6970 MNT (High: 2828.3727 / Low: 2805.6757).

August Spread (Volatile) ±265.1452
January Spread (Stable) ±22.6970

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 56.6179 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -56.6179

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 3496.5594) against the same month in 2015 (average: 2809.9691), the exchange rate shifted by +686.5903 (+24.43%).

2016 Avg (December) 3496.5594
2015 Avg (December) 2809.9691

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2828.3727 2805.6757 2815.8154
February 2865.7359 2832.7979 2848.7099
March 2891.0388 2864.4150 2882.5212
April 2887.8202 2788.4268 2839.6490
May 2846.1922 2814.6937 2832.0984
June 2815.6731 2731.4192 2775.4805
July 2912.1642 2792.8770 2850.8153
August 3182.9652 2917.8200 3077.7880
September 3220.5749 3111.9111 3157.6583
October 3345.8597 3197.8758 3254.7962
November 3474.7057 3350.1529 3428.8111
December 3510.3896 3477.6605 3496.5594