2012 BIF to MNT Historical Review

YEARLY HIGH

1.1001 MNT

YEARLY LOW

0.8945 MNT

YEARLY AVERAGE

0.9700 MNT

2012 BIF to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the BIF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 1.1001. Conversely, the yearly low was recorded on December 27, dropping to 0.8945.

This high-to-low spread represents a total annual volatility of 0.2056 MNT. From a start-to-finish perspective, comparing the January average rate of 1.0750 to the December average rate of 0.9132, the exchange rate registered a net change of -15.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.1001 was down 1.49% compared to the 2011 peak of 1.1167, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,500 MNT

2011 Average 5,201 MNT

Yearly Trough Low 4,472 MNT

Transaction Impact: A difference of 1,028.18 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.0912

0.8970

JanuMarcMayJulySeptNove

BIF 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 0.9996, compared to 0.9405 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0591 points.

H1 Avg (Jan–Jun) 0.9996

H2 Avg (Jul–Dec) 0.9405

Volatility Range Comparison

Volatility

The most volatile month in 2012 was April, with a trading range of 0.0715 MNT (High: 1.0193 / Low: 0.9479). On the other end, August was the most stable month, with a tight range of 0.0193 MNT (High: 0.9749 / Low: 0.9556).

April Spread (Volatile) ±0.0715

August Spread (Stable) ±0.0193

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2012. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0522 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0522

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 1.0750) against the same month in 2011 (average: 1.0968), the exchange rate shifted by -0.0217 (-1.98%).

2012 Avg (January) 1.0750

2011 Avg (January) 1.0968

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1001	1.0426	1.0750
February	1.0544	1.0104	1.0274
March	1.0309	1.0077	1.0164
April	1.0193	0.9479	0.9958
May	0.9628	0.9295	0.9436
June	0.9472	0.9223	0.9391
July	0.9613	0.9111	0.9367
August	0.9749	0.9556	0.9653
September	0.9819	0.9390	0.9628
October	0.9525	0.9255	0.9327
November	0.9467	0.9166	0.9322
December	0.9367	0.8945	0.9132