YEARLY HIGH
14.7083 IRR
YEARLY LOW
12.0682 IRR
YEARLY AVERAGE
13.5753 IRR

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.

Transfer Payout Power Comparison

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

Yearly Peak High 73,541 IRR
2016 Average 70,845 IRR
Yearly Trough Low 60,341 IRR
Transaction Impact: A difference of 13,200.28 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

14.6730
12.5930
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 13.2827
H2 Avg (Jul–Dec) 13.8680

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±1.1390
May Spread (Stable) ±0.1159

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 July and August, when the average rate fell by 0.1416 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1416

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (December) 14.4997
2016 Avg (December) 12.1430

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