2017 TOP to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 TOP to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the TOP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on August 3, valuing the pair at 1118.7811. Conversely, the yearly low was recorded on May 6, dropping to 1026.3162.
This high-to-low spread represents a total annual volatility of 92.4649 MNT. From a start-to-finish perspective, comparing the January average rate of 1079.3060 to the December average rate of 1062.6386, the exchange rate registered a net change of -1.54% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 1118.7811 was up 0.57% compared to the 2016 peak of 1112.4233, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1063.3517, compared to 1086.7792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 23.4275 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 64.2668 MNT (High: 1108.0805 / Low: 1043.8136). On the other end, June was the most stable month, with a tight range of 9.7563 MNT (High: 1044.9109 / Low: 1035.1546).
Growth Streaks & Declines
TrendsBetween 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 March and April, when the average rate fell by 21.3519 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 1106.6712) against the same month in 2016 (average: 965.4481), the exchange rate shifted by +141.2230 (+14.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1085.8844 | 1070.7068 | 1079.3060 |
| February | 1101.3846 | 1070.7068 | 1093.8696 |
| March | 1099.7698 | 1060.7898 | 1074.0399 |
| April | 1065.3554 | 1042.3011 | 1052.6880 |
| May | 1045.1455 | 1026.3162 | 1040.1171 |
| June | 1044.9109 | 1035.1546 | 1040.0898 |
| July | 1108.0805 | 1043.8136 | 1071.2679 |
| August | 1118.7811 | 1086.2553 | 1106.6712 |
| September | 1118.3518 | 1099.1283 | 1105.7048 |
| October | 1106.3747 | 1081.0703 | 1096.4552 |
| November | 1087.8046 | 1062.2280 | 1077.9374 |
| December | 1070.2368 | 1056.7972 | 1062.6386 |