2016 LRD to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 LRD to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the LRD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 27.3520. Conversely, the yearly low was recorded on June 26, dropping to 21.3889.
This high-to-low spread represents a total annual volatility of 5.9631 MNT. From a start-to-finish perspective, comparing the January average rate of 23.3418 to the December average rate of 26.9383, the exchange rate registered a net change of 15.41% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 27.3520 was up 15.02% compared to the 2015 peak of 23.7803, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
LRD 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 23.0247, compared to 24.8992 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8745 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was April, with a trading range of 2.3608 MNT (High: 24.1874 / Low: 21.8265). On the other end, March was the most stable month, with a tight range of 0.2096 MNT (High: 24.1835 / Low: 23.9739).
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 March and April, when the average rate fell by 1.2201 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 26.9383) against the same month in 2015 (average: 23.2655), the exchange rate shifted by +3.6728 (+15.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.6479 | 22.3854 | 23.3418 |
| February | 24.0211 | 23.6571 | 23.8809 |
| March | 24.1835 | 23.9739 | 24.1233 |
| April | 24.1874 | 21.8265 | 22.9032 |
| May | 22.2785 | 22.0335 | 22.1745 |
| June | 22.0328 | 21.3889 | 21.7248 |
| July | 22.8440 | 21.8671 | 22.3624 |
| August | 24.4566 | 22.8938 | 23.7498 |
| September | 24.9450 | 24.1105 | 24.4556 |
| October | 26.2519 | 24.6158 | 25.2088 |
| November | 27.1261 | 26.1468 | 26.6803 |
| December | 27.3520 | 26.5491 | 26.9383 |