2021 AFN to MNT Historical Review

YEARLY HIGH

37.0363 MNT

YEARLY LOW

24.2382 MNT

YEARLY AVERAGE

34.4567 MNT

2021 AFN to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AFN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 37.0363. Conversely, the yearly low was recorded on December 15, dropping to 24.2382.

This high-to-low spread represents a total annual volatility of 12.7981 MNT. From a start-to-finish perspective, comparing the January average rate of 36.9120 to the December average rate of 28.1163, the exchange rate registered a net change of -23.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 37.0363 was down 0.97% compared to the 2020 peak of 37.3991, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 185,182 MNT

2020 Average 182,721 MNT

Yearly Trough Low 121,191 MNT

Transaction Impact: A difference of 63,990.53 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

37.7916

27.2367

JanuMarcMayJulySeptNove

AFN 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 36.6940, compared to 32.2194 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.4747 points.

H1 Avg (Jan–Jun) 36.6940

H2 Avg (Jul–Dec) 32.2194

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 5.5104 MNT (High: 29.7487 / Low: 24.2382). On the other end, March was the most stable month, with a tight range of 0.3725 MNT (High: 36.9964 / Low: 36.6240).

December Spread (Volatile) ±5.5104

March Spread (Stable) ±0.3725

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.6918 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -2.6918

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 36.9120) against the same month in 2020 (average: 35.0118), the exchange rate shifted by +1.9002 (+5.43%).

2021 Avg (January) 36.9120

2020 Avg (January) 35.0118

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.0363	36.5072	36.9120
February	36.9806	36.3685	36.9010
March	36.9964	36.6240	36.8108
April	36.9965	36.3728	36.7058
May	36.9015	36.2202	36.6463
June	36.3411	35.8158	36.1884
July	35.9752	34.8312	35.6274
August	35.7227	33.0082	34.3426
September	33.5779	32.0048	32.7833
October	31.9292	31.3826	31.6384
November	31.5815	29.6701	30.8081
December	29.7487	24.2382	28.1163