2017 KWD to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 KWD to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the KWD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 8185.3432. Conversely, the yearly low was recorded on June 27, dropping to 7728.8178.
This high-to-low spread represents a total annual volatility of 456.5254 MNT. From a start-to-finish perspective, comparing the January average rate of 8131.6989 to the December average rate of 8051.9312, the exchange rate registered a net change of -0.98% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 8185.3432 was up 0.62% compared to the 2016 peak of 8135.0733, 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 2017.
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 7989.2577, compared to 8062.4987 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 73.2410 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 347.1281 MNT (High: 8076.5943 / Low: 7729.4662). On the other end, November was the most stable month, with a tight range of 40.2673 MNT (High: 8115.1666 / Low: 8074.8993).
Growth Streaks & Declines
TrendsBetween 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 125.7072 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 8116.3500) against the same month in 2016 (average: 7423.2770), the exchange rate shifted by +693.0731 (+9.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8164.3477 | 8039.0524 | 8131.6989 |
| February | 8121.6084 | 8041.4257 | 8098.0366 |
| March | 8091.3227 | 8012.9832 | 8045.8945 |
| April | 8055.7353 | 7868.9726 | 7938.0787 |
| May | 7956.9244 | 7895.0405 | 7923.7723 |
| June | 7887.4800 | 7728.8178 | 7798.0651 |
| July | 8076.5943 | 7729.4662 | 7911.2200 |
| August | 8126.3005 | 8051.0154 | 8077.9761 |
| September | 8185.3432 | 8036.3139 | 8116.3500 |
| October | 8146.1373 | 8098.9294 | 8119.4171 |
| November | 8115.1666 | 8074.8993 | 8098.0975 |
| December | 8090.2137 | 8021.0801 | 8051.9312 |