YEARLY HIGH
0.0036 NOK
YEARLY LOW
0.0032 NOK
YEARLY AVERAGE
0.0034 NOK

2017 MNT to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MNT to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 0.0036. Conversely, the yearly low was recorded on September 19, dropping to 0.0032.

This high-to-low spread represents a total annual volatility of 0.0005 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0034 to the December average rate of 0.0034, the exchange rate registered a net change of 0.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0036 was down 19.13% compared to the 2016 peak of 0.0045, 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 18 NOK
2016 Average 20 NOK
Yearly Trough Low 16 NOK
Transaction Impact: A difference of 2.34 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0036
0.0032
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 0.0035, compared to 0.0033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0035
H2 Avg (Jul–Dec) 0.0033

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0003 NOK (High: 0.0036 / Low: 0.0032). On the other end, February was the most stable month, with a tight range of 0.0001 NOK (High: 0.0034 / Low: 0.0033).

July Spread (Volatile) ±0.0003
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, 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 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.0036) against the same month in 2016 (average: 0.0042), the exchange rate shifted by -0.0006 (-15.35%).

2017 Avg (June) 0.0036
2016 Avg (June) 0.0042

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0035 0.0034 0.0034
February 0.0034 0.0033 0.0034
March 0.0035 0.0034 0.0035
April 0.0036 0.0035 0.0036
May 0.0036 0.0035 0.0035
June 0.0036 0.0035 0.0036
July 0.0036 0.0032 0.0034
August 0.0033 0.0032 0.0032
September 0.0032 0.0032 0.0032
October 0.0033 0.0032 0.0033
November 0.0034 0.0033 0.0033
December 0.0035 0.0034 0.0034