2017 LTL to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 LTL to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the LTL to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 2493.5833. Conversely, the yearly low was recorded on March 8, dropping to 752.5324.
This high-to-low spread represents a total annual volatility of 1741.0509 MNT. From a start-to-finish perspective, comparing the January average rate of 1152.6401 to the December average rate of 2431.1923, the exchange rate registered a net change of 110.92% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 2493.5833 was up 215.88% compared to the 2016 peak of 789.4083, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LTL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
LTL 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 1779.3152, compared to 2435.5163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 656.2011 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 1739.9373 MNT (High: 2493.5833 / Low: 753.6460). On the other end, October was the most stable month, with a tight range of 11.4602 MNT (High: 2460.7200 / Low: 2449.2598).
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 February and March, when the average rate fell by 977.9581 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 1152.6401) against the same month in 2016 (average: 642.0103), the exchange rate shifted by +510.6298 (+79.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2493.5833 | 753.6460 | 1152.6401 |
| February | 2479.4133 | 754.9490 | 1738.3924 |
| March | 769.5622 | 752.5324 | 760.4343 |
| April | 2436.0416 | 756.7097 | 2249.1315 |
| May | 2416.7466 | 2396.4132 | 2409.0522 |
| June | 2393.3611 | 2345.2869 | 2366.2408 |
| July | 2437.5000 | 2344.4167 | 2395.4496 |
| August | 2453.8240 | 2427.1340 | 2438.7233 |
| September | 2466.6368 | 2424.6667 | 2446.4287 |
| October | 2460.7200 | 2449.2598 | 2453.8347 |
| November | 2452.4358 | 2439.7904 | 2447.4693 |
| December | 2439.1105 | 2422.8867 | 2431.1923 |