2022 AFN to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 AFN to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the AFN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 39.5743. Conversely, the yearly low was recorded on January 11, dropping to 27.0873.
This high-to-low spread represents a total annual volatility of 12.4869 MNT. From a start-to-finish perspective, comparing the January average rate of 27.3608 to the December average rate of 38.9564, the exchange rate registered a net change of 42.38% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 39.5743 was up 6.85% compared to the 2021 peak of 37.0363, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AFN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 32.4347, compared to 37.2375 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.8028 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was February, with a trading range of 2.6839 MNT (High: 31.3151 / Low: 28.6312). On the other end, January was the most stable month, with a tight range of 0.8893 MNT (High: 27.9766 / Low: 27.0873).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 38.9564) against the same month in 2021 (average: 28.1163), the exchange rate shifted by +10.8402 (+38.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.9766 | 27.0873 | 27.3608 |
| February | 31.3151 | 28.6312 | 30.7242 |
| March | 33.3159 | 31.3007 | 32.5044 |
| April | 35.2539 | 32.6699 | 34.0608 |
| May | 35.5679 | 34.2175 | 34.9475 |
| June | 35.6319 | 34.7109 | 35.0107 |
| July | 35.7913 | 34.8143 | 35.4242 |
| August | 36.4265 | 34.7746 | 35.6391 |
| September | 37.1621 | 35.9998 | 36.4386 |
| October | 39.4033 | 36.9711 | 38.2998 |
| November | 39.1605 | 38.1728 | 38.6670 |
| December | 39.5743 | 38.4968 | 38.9564 |