YEARLY HIGH
0.1664 NGN
YEARLY LOW
0.1445 NGN
YEARLY AVERAGE
0.1487 NGN

2018 MNT to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MNT to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 0.1664. Conversely, the yearly low was recorded on November 22, dropping to 0.1445.

This high-to-low spread represents a total annual volatility of 0.0220 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1487 to the December average rate of 0.1477, the exchange rate registered a net change of -0.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1664 was up 10.49% compared to the 2017 peak of 0.1506, 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 832 NGN
2017 Average 685 NGN
Yearly Trough Low 722 NGN
Transaction Impact: A difference of 109.81 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1511
0.1454
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 0.1501, compared to 0.1472 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.1501
H2 Avg (Jul–Dec) 0.1472

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0193 NGN (High: 0.1664 / Low: 0.1472). On the other end, April was the most stable month, with a tight range of 0.0006 NGN (High: 0.1508 / Low: 0.1502).

June Spread (Volatile) ±0.0193
April Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and April, 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 June and July, when the average rate fell by 0.0029 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 0.1506) against the same month in 2017 (average: 0.1345), the exchange rate shifted by +0.0161 (+11.94%).

2018 Avg (June) 0.1506
2017 Avg (June) 0.1345

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1493 0.1477 0.1487
February 0.1510 0.1490 0.1502
March 0.1509 0.1502 0.1505
April 0.1508 0.1502 0.1505
May 0.1504 0.1495 0.1500
June 0.1664 0.1472 0.1506
July 0.1484 0.1472 0.1477
August 0.1485 0.1474 0.1478
September 0.1490 0.1472 0.1483
October 0.1490 0.1457 0.1461
November 0.1469 0.1445 0.1458
December 0.1488 0.1446 0.1477