2021 ARS to MNT Historical Review

YEARLY HIGH

33.8560 MNT

YEARLY LOW

27.8574 MNT

YEARLY AVERAGE

30.0778 MNT

2021 ARS to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ARS to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 33.8560. Conversely, the yearly low was recorded on December 31, dropping to 27.8574.

This high-to-low spread represents a total annual volatility of 5.9987 MNT. From a start-to-finish perspective, comparing the January average rate of 33.2280 to the December average rate of 28.0695, the exchange rate registered a net change of -15.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 33.8560 was down 25.46% compared to the 2020 peak of 45.4186, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 169,280 MNT

2020 Average 200,641 MNT

Yearly Trough Low 139,287 MNT

Transaction Impact: A difference of 29,993.41 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

33.7439

27.5537

JanuMarcMayJulySeptNove

ARS 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 31.2903, compared to 28.8653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.4250 points.

H1 Avg (Jan–Jun) 31.2903

H2 Avg (Jul–Dec) 28.8653

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 1.1511 MNT (High: 33.8560 / Low: 32.7049). On the other end, October was the most stable month, with a tight range of 0.2709 MNT (High: 28.8708 / Low: 28.6000).

January Spread (Volatile) ±1.1511

October Spread (Stable) ±0.2709

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 January and February, when the average rate fell by 1.0559 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -1.0559

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 33.2280) against the same month in 2020 (average: 45.1100), the exchange rate shifted by -11.8820 (-26.34%).

2021 Avg (January) 33.2280

2020 Avg (January) 45.1100

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	33.8560	32.7049	33.2280
February	32.5667	31.7221	32.1721
March	31.6437	31.0418	31.3252
April	31.2638	30.4951	30.7870
May	30.6446	30.1343	30.3188
June	30.1236	29.7511	29.9106
July	29.8431	29.4714	29.6278
August	29.4664	29.0853	29.3528
September	29.0955	28.7928	28.9314
October	28.8708	28.6000	28.7415
November	28.5838	28.2657	28.4690
December	28.2690	27.8574	28.0695