2018 JPY to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 JPY to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the JPY to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 22.8609. Conversely, the yearly low was recorded on June 14, dropping to 19.5674.
This high-to-low spread represents a total annual volatility of 3.2934 MNT. From a start-to-finish perspective, comparing the January average rate of 21.8343 to the December average rate of 21.9756, the exchange rate registered a net change of 0.65% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 22.8609 was up 1.34% compared to the 2017 peak of 22.5586, indicating shifts in long-term support levels.
Comparing the value generated converting 500,000 JPY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
JPY 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 22.0856, compared to 21.9586 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1270 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 2.6790 MNT (High: 22.2464 / Low: 19.5674). On the other end, August was the most stable month, with a tight range of 0.3572 MNT (High: 22.2110 / Low: 21.8539).
Growth Streaks & Declines
TrendsBetween January and March, 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 March and April, when the average rate fell by 0.3565 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2018: 22.5707) against the same month in 2017 (average: 21.7379), the exchange rate shifted by +0.8328 (+3.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.2877 | 21.4312 | 21.8343 |
| February | 22.5410 | 21.9275 | 22.2507 |
| March | 22.8609 | 22.3784 | 22.5707 |
| April | 22.5785 | 21.8802 | 22.2142 |
| May | 22.1886 | 21.6279 | 21.8904 |
| June | 22.2464 | 19.5674 | 21.7536 |
| July | 22.1220 | 21.5955 | 21.9146 |
| August | 22.2110 | 21.8539 | 22.0012 |
| September | 22.1031 | 21.4604 | 21.7981 |
| October | 22.2621 | 21.4309 | 22.0629 |
| November | 22.1680 | 21.7977 | 21.9994 |
| December | 22.3811 | 21.6020 | 21.9756 |