YEARLY HIGH
690.7938 MNT
YEARLY LOW
594.5597 MNT
YEARLY AVERAGE
667.5800 MNT

2018 QAR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the QAR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 690.7938. Conversely, the yearly low was recorded on June 13, dropping to 594.5597.

This high-to-low spread represents a total annual volatility of 96.2341 MNT. From a start-to-finish perspective, comparing the January average rate of 665.5091 to the December average rate of 675.7832, the exchange rate registered a net change of 1.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 690.7938 was up 0.87% compared to the 2017 peak of 684.8248, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 QAR based on timing:

Yearly Peak High 3,453,969 MNT
2017 Average 3,311,252 MNT
Yearly Trough Low 2,972,799 MNT
Transaction Impact: A difference of 481,170.39 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

687.5463
653.6456
JanuMarcMayJulySeptNove

QAR 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 659.2314, compared to 675.9286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.6972 points.

H1 Avg (Jan–Jun) 659.2314
H2 Avg (Jul–Dec) 675.9286

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 76.7806 MNT (High: 671.3403 / Low: 594.5597). On the other end, September was the most stable month, with a tight range of 0.9617 MNT (High: 670.7478 / Low: 669.7861).

June Spread (Volatile) ±76.7806
September Spread (Stable) ±0.9617

Growth Streaks & Declines

Trends

Between June and August, 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 8.9380 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -8.9380

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 675.7832) against the same month in 2017 (average: 662.7632), the exchange rate shifted by +13.0200 (+1.96%).

2018 Avg (December) 675.7832
2017 Avg (December) 662.7632

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 668.8534 663.5821 665.5091
February 663.6747 656.4593 659.2669
March 657.6708 656.0973 656.9888
April 657.7863 655.6397 656.4706
May 661.5172 658.1823 659.3753
June 671.3403 594.5597 657.7778
July 671.4053 670.0084 670.4226
August 673.2832 670.1000 670.8969
September 670.7478 669.7861 670.6565
October 685.7290 670.7255 683.0912
November 689.3370 681.5597 684.7213
December 690.7938 673.8519 675.7832