2018 LRD to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 LRD to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the LRD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 19.8933. Conversely, the yearly low was recorded on July 17, dropping to 15.0995.
This high-to-low spread represents a total annual volatility of 4.7938 MNT. From a start-to-finish perspective, comparing the January average rate of 19.0987 to the December average rate of 15.6370, the exchange rate registered a net change of -18.13% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 19.8933 was down 27.17% compared to the 2017 peak of 27.3162, 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 2018.
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 18.2267, compared to 15.7883 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.4384 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 1.9873 MNT (High: 17.3901 / Low: 15.4028). On the other end, November was the most stable month, with a tight range of 0.1636 MNT (High: 15.8952 / Low: 15.7316).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.1153 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 19.0189) against the same month in 2017 (average: 26.2318), the exchange rate shifted by -7.2129 (-27.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.7035 | 18.6931 | 19.0987 |
| February | 19.8933 | 18.3169 | 19.0189 |
| March | 18.3381 | 18.1561 | 18.2513 |
| April | 18.3298 | 18.0942 | 18.2322 |
| May | 18.2996 | 17.3966 | 17.9371 |
| June | 17.3901 | 15.4028 | 16.8218 |
| July | 16.2828 | 15.0995 | 15.7328 |
| August | 16.0992 | 15.7967 | 15.9138 |
| September | 15.8325 | 15.2731 | 15.7730 |
| October | 16.0093 | 15.6952 | 15.8742 |
| November | 15.8952 | 15.7316 | 15.7988 |
| December | 15.9695 | 15.5203 | 15.6370 |