YEARLY HIGH
0.1506 NGN
YEARLY LOW
0.1218 NGN
YEARLY AVERAGE
0.1370 NGN

2017 MNT to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MNT to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 0.1506. Conversely, the yearly low was recorded on January 9, dropping to 0.1218.

This high-to-low spread represents a total annual volatility of 0.0289 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1260 to the December average rate of 0.1480, the exchange rate registered a net change of 17.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1506 was down 2.95% compared to the 2016 peak of 0.1552, 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 753 NGN
2016 Average 597 NGN
Yearly Trough Low 609 NGN
Transaction Impact: A difference of 144.31 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1502
0.1239
JanuMarcMayJulySeptNove

MNT to NGN 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 0.1296, compared to 0.1444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0148 points.

H1 Avg (Jan–Jun) 0.1296
H2 Avg (Jul–Dec) 0.1444

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0222 NGN (High: 0.1506 / Low: 0.1285). On the other end, December was the most stable month, with a tight range of 0.0011 NGN (High: 0.1484 / Low: 0.1473).

August Spread (Volatile) ±0.0222
December Spread (Stable) ±0.0011

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 0.0023 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.1464) against the same month in 2016 (average: 0.1480), the exchange rate shifted by -0.0016 (-1.05%).

2017 Avg (August) 0.1464
2016 Avg (August) 0.1480

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1280 0.1218 0.1260
February 0.1289 0.1248 0.1276
March 0.1297 0.1250 0.1278
April 0.1316 0.1269 0.1303
May 0.1356 0.1298 0.1316
June 0.1494 0.1310 0.1345
July 0.1466 0.1258 0.1322
August 0.1506 0.1285 0.1464
September 0.1488 0.1441 0.1466
October 0.1471 0.1450 0.1464
November 0.1480 0.1452 0.1469
December 0.1484 0.1473 0.1480