YEARLY HIGH
0.0515 CVE
YEARLY LOW
0.0413 CVE
YEARLY AVERAGE
0.0468 CVE

2016 MNT to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MNT to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0515. Conversely, the yearly low was recorded on November 11, dropping to 0.0413.

This high-to-low spread represents a total annual volatility of 0.0102 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0508 to the December average rate of 0.0422, the exchange rate registered a net change of -16.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0515 was down 2.77% compared to the 2015 peak of 0.0530, 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 257 CVE
2015 Average 253 CVE
Yearly Trough Low 206 CVE
Transaction Impact: A difference of 51.17 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0517
0.0412
JanuMarcMayJulySeptNove

MNT to CVE 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 0.0492, compared to 0.0443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.0492
H2 Avg (Jul–Dec) 0.0443

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0047 CVE (High: 0.0479 / Low: 0.0432). On the other end, January was the most stable month, with a tight range of 0.0010 CVE (High: 0.0515 / Low: 0.0505).

August Spread (Volatile) ±0.0047
January Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0041 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0508) against the same month in 2015 (average: 0.0493), the exchange rate shifted by +0.0015 (+3.13%).

2016 Avg (January) 0.0508
2015 Avg (January) 0.0493

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0515 0.0505 0.0508
February 0.0505 0.0485 0.0492
March 0.0500 0.0476 0.0486
April 0.0494 0.0474 0.0484
May 0.0496 0.0475 0.0485
June 0.0514 0.0487 0.0499
July 0.0501 0.0479 0.0493
August 0.0479 0.0432 0.0452
September 0.0448 0.0430 0.0440
October 0.0440 0.0424 0.0433
November 0.0429 0.0413 0.0421
December 0.0429 0.0414 0.0422