2018 MNT to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MNT to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MNT to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 19.5428. Conversely, the yearly low was recorded on January 3, dropping to 14.6828.
This high-to-low spread represents a total annual volatility of 4.8601 IRR. From a start-to-finish perspective, comparing the January average rate of 14.8786 to the December average rate of 17.1479, the exchange rate registered a net change of 15.25% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 19.5428 was up 32.87% compared to the 2017 peak of 14.7083, 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 2018.
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 16.0491, compared to 17.4074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3583 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 2.1328 IRR (High: 19.5428 / Low: 17.4101). On the other end, September was the most stable month, with a tight range of 0.0139 IRR (High: 17.6864 / Low: 17.6725).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.5761 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 17.7066) against the same month in 2017 (average: 13.7196), the exchange rate shifted by +3.9869 (+29.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.2874 | 14.6828 | 14.8786 |
| February | 15.5959 | 15.2932 | 15.4407 |
| March | 15.7369 | 15.5968 | 15.6734 |
| April | 15.7656 | 15.6380 | 15.6932 |
| May | 17.5336 | 15.6170 | 16.9023 |
| June | 19.5428 | 17.4101 | 17.7066 |
| July | 17.9565 | 17.4635 | 17.7298 |
| August | 17.9730 | 17.6739 | 17.7406 |
| September | 17.6864 | 17.6725 | 17.6756 |
| October | 17.6743 | 17.0569 | 17.0996 |
| November | 17.1292 | 16.9534 | 17.0508 |
| December | 17.3236 | 16.7402 | 17.1479 |