YEARLY HIGH
0.7366 BIF
YEARLY LOW
0.6687 BIF
YEARLY AVERAGE
0.7077 BIF

2017 MNT to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MNT to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 3, valuing the pair at 0.7366. Conversely, the yearly low was recorded on January 11, dropping to 0.6687.

This high-to-low spread represents a total annual volatility of 0.0679 BIF. From a start-to-finish perspective, comparing the January average rate of 0.6763 to the December average rate of 0.7234, the exchange rate registered a net change of 6.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.7366 was down 15.53% compared to the 2016 peak of 0.8720, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MNT based on timing:

Yearly Peak High 3,683 BIF
2016 Average 3,792 BIF
Yearly Trough Low 3,343 BIF
Transaction Impact: A difference of 339.58 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.7340
0.6711
JanuMarcMayJulySeptNove

MNT to BIF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.6983, compared to 0.7170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0187 points.

H1 Avg (Jan–Jun) 0.6983
H2 Avg (Jul–Dec) 0.7170

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0291 BIF (High: 0.7366 / Low: 0.7075). On the other end, November was the most stable month, with a tight range of 0.0066 BIF (High: 0.7210 / Low: 0.7144).

July Spread (Volatile) ±0.0291
November Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0086 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 0.7202) against the same month in 2016 (average: 0.8210), the exchange rate shifted by -0.1008 (-12.27%).

2017 Avg (July) 0.7202
2016 Avg (July) 0.8210

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6889 0.6687 0.6763
February 0.6915 0.6785 0.6851
March 0.7008 0.6804 0.6907
April 0.7081 0.6938 0.7021
May 0.7184 0.7005 0.7070
June 0.7355 0.7177 0.7288
July 0.7366 0.7075 0.7202
August 0.7206 0.7065 0.7128
September 0.7226 0.7055 0.7136
October 0.7216 0.7121 0.7147
November 0.7210 0.7144 0.7173
December 0.7288 0.7191 0.7234