2017 MNT to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MNT to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MNT to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 14.7083. Conversely, the yearly low was recorded on January 9, dropping to 12.0682.
This high-to-low spread represents a total annual volatility of 2.6401 IRR. From a start-to-finish perspective, comparing the January average rate of 12.7663 to the December average rate of 14.4997, the exchange rate registered a net change of 13.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 14.7083 was down 6.24% compared to the 2016 peak of 15.6864, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MNT based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
MNT to IRR 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 13.2827, compared to 13.8680 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5853 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 1.1390 IRR (High: 13.2072 / Low: 12.0682). On the other end, May was the most stable month, with a tight range of 0.1159 IRR (High: 13.5463 / Low: 13.4304).
Growth Streaks & Declines
TrendsBetween 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 July and August, when the average rate fell by 0.1416 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 14.4997) against the same month in 2016 (average: 12.1430), the exchange rate shifted by +2.3567 (+19.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.2072 | 12.0682 | 12.7663 |
| February | 13.2072 | 13.0705 | 13.1099 |
| March | 13.2604 | 13.1063 | 13.2060 |
| April | 13.5327 | 13.2720 | 13.4215 |
| May | 13.5463 | 13.4304 | 13.4728 |
| June | 13.8439 | 13.5629 | 13.7196 |
| July | 13.8501 | 13.4181 | 13.6134 |
| August | 13.6721 | 13.3361 | 13.4718 |
| September | 13.6957 | 13.5154 | 13.6178 |
| October | 14.0993 | 13.6127 | 13.8292 |
| November | 14.2561 | 14.0979 | 14.1761 |
| December | 14.7083 | 14.2601 | 14.4997 |