2016 TOP to MNT Historical Review

YEARLY HIGH

1112.4233 MNT

YEARLY LOW

860.6555 MNT

YEARLY AVERAGE

950.8587 MNT

2016 TOP to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TOP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 1112.4233. Conversely, the yearly low was recorded on February 7, dropping to 860.6555.

This high-to-low spread represents a total annual volatility of 251.7678 MNT. From a start-to-finish perspective, comparing the January average rate of 885.3171 to the December average rate of 1087.4230, the exchange rate registered a net change of 22.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1112.4233 was up 12.03% compared to the 2015 peak of 992.9713, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,562,117 MNT

2015 Average 4,645,618 MNT

Yearly Trough Low 4,303,277 MNT

Transaction Impact: A difference of 1,258,839.05 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1108.5739

854.7637

JanuMarcMayJulySeptNove

TOP 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 891.4398, compared to 1010.2775 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 118.8377 points.

H1 Avg (Jan–Jun) 891.4398

H2 Avg (Jul–Dec) 1010.2775

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 88.0552 MNT (High: 1000.5923 / Low: 912.5372). On the other end, June was the most stable month, with a tight range of 12.6601 MNT (High: 883.3963 / Low: 870.7362).

August Spread (Volatile) ±88.0552

June Spread (Stable) ±12.6601

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 15.3666 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -15.3666

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 1084.9151) against the same month in 2015 (average: 894.9006), the exchange rate shifted by +190.0145 (+21.23%).

2016 Avg (November) 1084.9151

2015 Avg (November) 894.9006

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	891.9391	872.4612	885.3171
February	897.7370	860.6555	886.8470
March	915.1161	893.7103	906.4980
April	916.3453	891.7332	902.7810
May	907.0957	875.3669	891.2812
June	883.3963	870.7362	875.9146
July	902.0440	876.0670	891.5687
August	1000.5923	912.5372	965.4481
September	1014.3154	980.7411	994.7620
October	1066.6691	1013.0122	1037.5483
November	1112.4233	1052.0655	1084.9151
December	1102.9265	1066.8973	1087.4230