YEARLY HIGH
0.0649 JMD
YEARLY LOW
0.0517 JMD
YEARLY AVERAGE
0.0587 JMD

2016 MNT to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MNT to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 26, valuing the pair at 0.0649. Conversely, the yearly low was recorded on December 21, dropping to 0.0517.

This high-to-low spread represents a total annual volatility of 0.0132 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0603 to the December average rate of 0.0520, the exchange rate registered a net change of -13.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0649 was up 4.33% compared to the 2015 peak of 0.0622, 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 324 JMD
2015 Average 297 JMD
Yearly Trough Low 259 JMD
Transaction Impact: A difference of 65.81 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0649
0.0509
JanuMarcMayJulySeptNove

MNT to JMD 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 0.0610, compared to 0.0564 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.0610
H2 Avg (Jul–Dec) 0.0564

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0051 JMD (High: 0.0613 / Low: 0.0563). On the other end, March was the most stable month, with a tight range of 0.0005 JMD (High: 0.0598 / Low: 0.0593).

August Spread (Volatile) ±0.0051
March Spread (Stable) ±0.0005

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 0.0045 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.0637) against the same month in 2015 (average: 0.0610), the exchange rate shifted by +0.0027 (+4.43%).

2016 Avg (June) 0.0637
2015 Avg (June) 0.0610

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0606 0.0600 0.0603
February 0.0603 0.0596 0.0601
March 0.0598 0.0593 0.0595
April 0.0618 0.0595 0.0606
May 0.0626 0.0608 0.0616
June 0.0649 0.0625 0.0637
July 0.0639 0.0612 0.0626
August 0.0613 0.0563 0.0582
September 0.0577 0.0559 0.0569
October 0.0565 0.0543 0.0556
November 0.0544 0.0523 0.0532
December 0.0524 0.0517 0.0520