YEARLY HIGH
6.9218 MNT
YEARLY LOW
6.0085 MNT
YEARLY AVERAGE
6.7278 MNT

2018 NGN to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 6.9218. Conversely, the yearly low was recorded on June 13, dropping to 6.0085.

This high-to-low spread represents a total annual volatility of 0.9134 MNT. From a start-to-finish perspective, comparing the January average rate of 6.7266 to the December average rate of 6.7700, the exchange rate registered a net change of 0.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 6.9218 was down 15.71% compared to the 2017 peak of 8.2119, 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 6,921,847 MNT
2017 Average 7,326,173 MNT
Yearly Trough Low 6,008,470 MNT
Transaction Impact: A difference of 913,376.81 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

6.8787
6.6210
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 6.6641, compared to 6.7916 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1275 points.

H1 Avg (Jan–Jun) 6.6641
H2 Avg (Jul–Dec) 6.7916

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.7871 MNT (High: 6.7955 / Low: 6.0085). On the other end, April was the most stable month, with a tight range of 0.0259 MNT (High: 6.6578 / Low: 6.6319).

June Spread (Volatile) ±0.7871
April Spread (Stable) ±0.0259

Growth Streaks & Declines

Trends

Between September and November, 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 November and December, when the average rate fell by 0.0872 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0872

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 6.8572) against the same month in 2017 (average: 6.8081), the exchange rate shifted by +0.0491 (+0.72%).

2018 Avg (November) 6.8572
2017 Avg (November) 6.8081

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.7706 6.6960 6.7266
February 6.7120 6.6228 6.6589
March 6.6580 6.6250 6.6428
April 6.6578 6.6319 6.6425
May 6.6901 6.6496 6.6655
June 6.7955 6.0085 6.6480
July 6.7957 6.7390 6.7689
August 6.7841 6.7337 6.7643
September 6.7940 6.7104 6.7449
October 6.8635 6.7130 6.8443
November 6.9218 6.8084 6.8572
December 6.9179 6.7226 6.7700