2016 KWD to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 KWD to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the KWD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 8135.0733. Conversely, the yearly low was recorded on June 26, dropping to 6405.9707.
This high-to-low spread represents a total annual volatility of 1729.1026 MNT. From a start-to-finish perspective, comparing the January average rate of 6567.8679 to the December average rate of 8106.5833, the exchange rate registered a net change of 23.43% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 8135.0733 was up 21.93% compared to the 2015 peak of 6671.8270, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
KWD 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 6654.0104, compared to 7510.5943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 856.5839 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was August, with a trading range of 632.5876 MNT (High: 7481.2291 / Low: 6848.6415). On the other end, March was the most stable month, with a tight range of 44.6645 MNT (High: 6798.3215 / Low: 6753.6569).
Growth Streaks & Declines
TrendsBetween 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 135.4879 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 8106.5833) against the same month in 2015 (average: 6563.7404), the exchange rate shifted by +1542.8430 (+23.51%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6600.4916 | 6547.6034 | 6567.8679 |
| February | 6764.5624 | 6619.1927 | 6730.6111 |
| March | 6798.3215 | 6753.6569 | 6782.2902 |
| April | 6783.2828 | 6549.6754 | 6669.2957 |
| May | 6710.3776 | 6597.6841 | 6654.7426 |
| June | 6599.4423 | 6405.9707 | 6519.2547 |
| July | 6823.0056 | 6560.0486 | 6686.0589 |
| August | 7481.2291 | 6848.6415 | 7231.2594 |
| September | 7572.8710 | 7305.6288 | 7423.2770 |
| October | 7814.5470 | 7497.2247 | 7622.4338 |
| November | 8098.5051 | 7829.4146 | 7993.9534 |
| December | 8135.0733 | 8079.1790 | 8106.5833 |