YEARLY HIGH
3519.5248 MNT
YEARLY LOW
3300.4339 MNT
YEARLY AVERAGE
3433.2296 MNT

2017 JOD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 3519.5248. Conversely, the yearly low was recorded on June 29, dropping to 3300.4339.

This high-to-low spread represents a total annual volatility of 219.0909 MNT. From a start-to-finish perspective, comparing the January average rate of 3505.9570 to the December average rate of 3427.8665, the exchange rate registered a net change of -2.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 3519.5248 was up 0.26% compared to the 2016 peak of 3510.3896, 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 17,597,624 MNT
2016 Average 15,111,786 MNT
Yearly Trough Low 16,502,169 MNT
Transaction Impact: A difference of 1,095,454.72 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

3523.2887
3315.3081
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 3431.9318, compared to 3434.5275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5957 points.

H1 Avg (Jan–Jun) 3431.9318
H2 Avg (Jul–Dec) 3434.5275

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 137.1039 MNT (High: 3440.3670 / Low: 3303.2631). On the other end, October was the most stable month, with a tight range of 18.1166 MNT (High: 3470.6862 / Low: 3452.5696).

July Spread (Volatile) ±137.1039
October Spread (Stable) ±18.1166

Growth Streaks & Declines

Trends

Between 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 May and June, when the average rate fell by 61.3636 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -61.3636

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 3505.9570) against the same month in 2016 (average: 2815.8154), the exchange rate shifted by +690.1415 (+24.51%).

2017 Avg (January) 3505.9570
2016 Avg (January) 2815.8154

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3519.5248 3461.5082 3505.9570
February 3501.0122 3460.0376 3487.9392
March 3489.0332 3445.5138 3463.2369
April 3446.9667 3378.6434 3407.8144
May 3406.3877 3376.6424 3394.0034
June 3372.3419 3300.4339 3332.6398
July 3440.3670 3303.2631 3375.3634
August 3461.4481 3424.7598 3440.3831
September 3479.0315 3419.8353 3451.2812
October 3470.6862 3452.5696 3460.4692
November 3459.4927 3441.1664 3451.8017
December 3439.5821 3410.0477 3427.8665