YEARLY HIGH
0.0113 ETB
YEARLY LOW
0.0090 ETB
YEARLY AVERAGE
0.0103 ETB

2016 MNT to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MNT to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 25, valuing the pair at 0.0113. Conversely, the yearly low was recorded on December 20, dropping to 0.0090.

This high-to-low spread represents a total annual volatility of 0.0023 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0106 to the December average rate of 0.0090, the exchange rate registered a net change of -15.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0113 was up 1.55% compared to the 2015 peak of 0.0111, 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 56 ETB
2015 Average 53 ETB
Yearly Trough Low 45 ETB
Transaction Impact: A difference of 11.67 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0113
0.0088
JanuMarcMayJulySeptNove

MNT to ETB 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 0.0107, compared to 0.0098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0107
H2 Avg (Jul–Dec) 0.0098

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0009 ETB (High: 0.0107 / Low: 0.0098). On the other end, January was the most stable month, with a tight range of 0.0001 ETB (High: 0.0107 / Low: 0.0106).

August Spread (Volatile) ±0.0009
January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and June, 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 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.0111) against the same month in 2015 (average: 0.0109), the exchange rate shifted by +0.0002 (+1.90%).

2016 Avg (June) 0.0111
2015 Avg (June) 0.0109

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0107 0.0106 0.0106
February 0.0106 0.0105 0.0106
March 0.0105 0.0104 0.0105
April 0.0109 0.0105 0.0107
May 0.0110 0.0107 0.0108
June 0.0113 0.0109 0.0111
July 0.0111 0.0107 0.0109
August 0.0107 0.0098 0.0101
September 0.0100 0.0097 0.0099
October 0.0098 0.0094 0.0096
November 0.0094 0.0091 0.0092
December 0.0091 0.0090 0.0090