2016 VEF to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 VEF to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the VEF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 324.2869. Conversely, the yearly low was recorded on June 25, dropping to 194.0858.
This high-to-low spread represents a total annual volatility of 130.2011 MNT. From a start-to-finish perspective, comparing the January average rate of 315.9676 to the December average rate of 247.9762, the exchange rate registered a net change of -21.52% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 324.2869 was up 2.53% compared to the 2015 peak of 316.2936, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 VEF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
VEF 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 259.7461, compared to 227.9288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 31.8173 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was August, with a trading range of 18.8495 MNT (High: 225.9545 / Low: 207.1050). On the other end, December was the most stable month, with a tight range of 1.9584 MNT (High: 248.8368 / Low: 246.8783).
Growth Streaks & Declines
TrendsBetween 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 March and April, when the average rate fell by 121.1890 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2016: 322.9512) against the same month in 2015 (average: 313.8738), the exchange rate shifted by +9.0773 (+2.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 317.3731 | 315.0877 | 315.9676 |
| February | 321.9614 | 317.6710 | 319.3955 |
| March | 324.2869 | 321.1484 | 322.9512 |
| April | 205.2518 | 198.1112 | 201.7622 |
| May | 202.1628 | 199.9532 | 201.2529 |
| June | 199.9642 | 194.0858 | 197.1470 |
| July | 206.6540 | 198.3431 | 202.2842 |
| August | 225.9545 | 207.1050 | 218.5676 |
| September | 228.7432 | 220.9359 | 224.2338 |
| October | 237.5049 | 226.9764 | 231.0776 |
| November | 246.6502 | 237.8076 | 243.4332 |
| December | 248.8368 | 246.8783 | 247.9762 |