YEARLY HIGH
0.0045 NOK
YEARLY LOW
0.0034 NOK
YEARLY AVERAGE
0.0039 NOK

2016 MNT to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MNT to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0045. Conversely, the yearly low was recorded on December 7, dropping to 0.0034.

This high-to-low spread represents a total annual volatility of 0.0011 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0044 to the December average rate of 0.0035, the exchange rate registered a net change of -21.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0045 was up 1.21% compared to the 2015 peak of 0.0044, 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 22 NOK
2015 Average 21 NOK
Yearly Trough Low 17 NOK
Transaction Impact: A difference of 5.52 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0045
0.0034
JanuMarcMayJulySeptNove

MNT to NOK 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 0.0042, compared to 0.0037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0042
H2 Avg (Jul–Dec) 0.0037

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0005 NOK (High: 0.0041 / Low: 0.0036). On the other end, February was the most stable month, with a tight range of 0.0001 NOK (High: 0.0043 / Low: 0.0042).

August Spread (Volatile) ±0.0005
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0044) against the same month in 2015 (average: 0.0040), the exchange rate shifted by +0.0004 (+10.44%).

2016 Avg (January) 0.0044
2015 Avg (January) 0.0040

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0045 0.0043 0.0044
February 0.0043 0.0042 0.0043
March 0.0043 0.0041 0.0041
April 0.0041 0.0040 0.0041
May 0.0042 0.0040 0.0041
June 0.0044 0.0041 0.0042
July 0.0042 0.0041 0.0042
August 0.0041 0.0036 0.0038
September 0.0038 0.0035 0.0037
October 0.0036 0.0035 0.0035
November 0.0035 0.0034 0.0035
December 0.0035 0.0034 0.0035