2017 NZD to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 NZD to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the NZD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 1830.0484. Conversely, the yearly low was recorded on May 10, dropping to 1644.6131.
This high-to-low spread represents a total annual volatility of 185.4353 MNT. From a start-to-finish perspective, comparing the January average rate of 1769.1026 to the December average rate of 1693.8887, the exchange rate registered a net change of -4.25% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 1830.0484 was up 2.76% compared to the 2016 peak of 1780.9270, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
NZD to MNT Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1723.6639, compared to 1738.2349 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.5711 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 120.6517 MNT (High: 1830.0484 / Low: 1709.3967). On the other end, June was the most stable month, with a tight range of 30.2902 MNT (High: 1720.3380 / Low: 1690.0478).
Growth Streaks & Declines
TrendsBetween May and August, 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 February and March, when the average rate fell by 64.4500 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2017: 1765.4854) against the same month in 2016 (average: 1441.8258), the exchange rate shifted by +323.6596 (+22.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1809.5461 | 1721.2682 | 1769.1026 |
| February | 1804.2058 | 1773.0331 | 1784.2019 |
| March | 1759.2774 | 1696.8990 | 1719.7520 |
| April | 1712.0349 | 1657.5219 | 1686.0707 |
| May | 1698.8623 | 1644.6131 | 1673.3027 |
| June | 1720.3380 | 1690.0478 | 1709.5531 |
| July | 1830.0484 | 1709.3967 | 1765.4854 |
| August | 1825.8659 | 1742.4391 | 1782.0199 |
| September | 1808.9019 | 1735.6692 | 1773.6547 |
| October | 1775.1035 | 1677.7824 | 1728.9719 |
| November | 1706.0803 | 1664.2691 | 1685.3890 |
| December | 1720.7391 | 1664.0839 | 1693.8887 |