YEARLY HIGH
0.0553 JMD
YEARLY LOW
0.0512 JMD
YEARLY AVERAGE
0.0527 JMD

2017 MNT to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MNT to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 3, valuing the pair at 0.0553. Conversely, the yearly low was recorded on November 14, dropping to 0.0512.

This high-to-low spread represents a total annual volatility of 0.0041 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0519 to the December average rate of 0.0515, the exchange rate registered a net change of -0.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0553 was down 14.73% compared to the 2016 peak of 0.0649, 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 277 JMD
2016 Average 294 JMD
Yearly Trough Low 256 JMD
Transaction Impact: A difference of 20.70 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0552
0.0511
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 0.0531, compared to 0.0524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0531
H2 Avg (Jul–Dec) 0.0524

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0034 JMD (High: 0.0553 / Low: 0.0520). On the other end, December was the most stable month, with a tight range of 0.0004 JMD (High: 0.0517 / Low: 0.0513).

July Spread (Volatile) ±0.0034
December Spread (Stable) ±0.0004

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 June and July, when the average rate fell by 0.0014 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 0.0535) against the same month in 2016 (average: 0.0626), the exchange rate shifted by -0.0091 (-14.59%).

2017 Avg (July) 0.0535
2016 Avg (July) 0.0626

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0524 0.0514 0.0519
February 0.0527 0.0518 0.0521
March 0.0529 0.0517 0.0524
April 0.0539 0.0527 0.0534
May 0.0544 0.0533 0.0537
June 0.0553 0.0542 0.0549
July 0.0553 0.0520 0.0535
August 0.0530 0.0520 0.0524
September 0.0534 0.0526 0.0531
October 0.0533 0.0517 0.0522
November 0.0520 0.0512 0.0516
December 0.0517 0.0513 0.0515