2022 BGN to MNT Historical Review

YEARLY HIGH

1864.6285 MNT

YEARLY LOW

1587.5305 MNT

YEARLY AVERAGE

1679.3484 MNT

2022 BGN to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BGN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1864.6285. Conversely, the yearly low was recorded on September 27, dropping to 1587.5305.

This high-to-low spread represents a total annual volatility of 277.0980 MNT. From a start-to-finish perspective, comparing the January average rate of 1655.5019 to the December average rate of 1843.3560, the exchange rate registered a net change of 11.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1864.6285 was up 3.93% compared to the 2021 peak of 1794.0790, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,323,142 MNT

2021 Average 8,623,584 MNT

Yearly Trough Low 7,937,652 MNT

Transaction Impact: A difference of 1,385,490.05 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1865.4086

1600.7771

JanuMarcMayJulySeptNove

BGN 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 1656.1784, compared to 1702.5184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 46.3401 points.

H1 Avg (Jan–Jun) 1656.1784

H2 Avg (Jul–Dec) 1702.5184

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 129.1545 MNT (High: 1813.4068 / Low: 1684.2523). On the other end, February was the most stable month, with a tight range of 33.8097 MNT (High: 1674.3406 / Low: 1640.5309).

November Spread (Volatile) ±129.1545

February Spread (Stable) ±33.8097

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 47.4316 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -47.4316

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 1843.3560) against the same month in 2021 (average: 1651.5715), the exchange rate shifted by +191.7845 (+11.61%).

2022 Avg (December) 1843.3560

2021 Avg (December) 1651.5715

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1674.4309	1629.8898	1655.5019
February	1674.3406	1640.5309	1661.8952
March	1653.4864	1594.2702	1622.8297
April	1674.3871	1615.9207	1647.5658
May	1712.1707	1616.2781	1664.7312
June	1705.6722	1659.3791	1684.5464
July	1669.0134	1611.8700	1637.1148
August	1675.9990	1622.6736	1647.4046
September	1662.5572	1587.5305	1634.7717
October	1737.4666	1624.3567	1675.1007
November	1813.4068	1684.2523	1777.3628
December	1864.6285	1819.8872	1843.3560