YEARLY HIGH
8.2119 MNT
YEARLY LOW
6.6385 MNT
YEARLY AVERAGE
7.3288 MNT

2017 NGN to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 8.2119. Conversely, the yearly low was recorded on August 14, dropping to 6.6385.

This high-to-low spread represents a total annual volatility of 1.5734 MNT. From a start-to-finish perspective, comparing the January average rate of 7.9348 to the December average rate of 6.7576, the exchange rate registered a net change of -14.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 8.2119 was down 20.40% compared to the 2016 peak of 10.3169, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 8,211,945 MNT
2016 Average 8,612,783 MNT
Yearly Trough Low 6,638,505 MNT
Transaction Impact: A difference of 1,573,440.34 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

8.0526
6.6399
JanuMarcMayJulySeptNove

NGN to MNT 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 7.7187, compared to 6.9389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7798 points.

H1 Avg (Jan–Jun) 7.7187
H2 Avg (Jul–Dec) 6.9389

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 1.1453 MNT (High: 7.7838 / Low: 6.6385). On the other end, December was the most stable month, with a tight range of 0.0513 MNT (High: 6.7901 / Low: 6.7388).

August Spread (Volatile) ±1.1453
December Spread (Stable) ±0.0513

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.7291 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.7291

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 7.9348) against the same month in 2016 (average: 10.0308), the exchange rate shifted by -2.0959 (-20.89%).

2017 Avg (January) 7.9348
2016 Avg (January) 10.0308

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.2119 7.8112 7.9348
February 8.0155 7.7604 7.8402
March 7.9996 7.7128 7.8251
April 7.8810 7.5964 7.6749
May 7.7070 7.3762 7.5997
June 7.6364 6.6950 7.4375
July 7.9505 6.8228 7.5726
August 7.7838 6.6385 6.8435
September 6.9404 6.7201 6.8207
October 6.8944 6.7980 6.8309
November 6.8884 6.7563 6.8081
December 6.7901 6.7388 6.7576