YEARLY HIGH
0.0434 CVE
YEARLY LOW
0.0374 CVE
YEARLY AVERAGE
0.0403 CVE

2017 MNT to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MNT to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.0434. Conversely, the yearly low was recorded on September 20, dropping to 0.0374.

This high-to-low spread represents a total annual volatility of 0.0060 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0418 to the December average rate of 0.0384, the exchange rate registered a net change of -8.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0434 was down 15.76% compared to the 2016 peak of 0.0515, 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 217 CVE
2016 Average 234 CVE
Yearly Trough Low 187 CVE
Transaction Impact: A difference of 29.77 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0432
0.0375
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 0.0420, compared to 0.0386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.0420
H2 Avg (Jul–Dec) 0.0386

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0031 CVE (High: 0.0415 / Low: 0.0384). On the other end, December was the most stable month, with a tight range of 0.0006 CVE (High: 0.0387 / Low: 0.0381).

July Spread (Volatile) ±0.0031
December Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0017 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.0427) against the same month in 2016 (average: 0.0484), the exchange rate shifted by -0.0056 (-11.65%).

2017 Avg (April) 0.0427
2016 Avg (April) 0.0484

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0424 0.0415 0.0418
February 0.0424 0.0416 0.0421
March 0.0426 0.0415 0.0421
April 0.0434 0.0418 0.0427
May 0.0423 0.0408 0.0416
June 0.0422 0.0411 0.0416
July 0.0415 0.0384 0.0400
August 0.0386 0.0379 0.0384
September 0.0385 0.0374 0.0380
October 0.0390 0.0380 0.0383
November 0.0389 0.0379 0.0385
December 0.0387 0.0381 0.0384