2022 BIF to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 BIF to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the BIF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 1.6601. Conversely, the yearly low was recorded on March 16, dropping to 1.4042.
This high-to-low spread represents a total annual volatility of 0.2560 MNT. From a start-to-finish perspective, comparing the January average rate of 1.4286 to the December average rate of 1.6482, the exchange rate registered a net change of 15.37% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 1.6601 was up 12.82% compared to the 2021 peak of 1.4715, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BIF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1.4633, compared to 1.5939 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1305 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was April, with a trading range of 0.0895 MNT (High: 1.4992 / Low: 1.4097). On the other end, December was the most stable month, with a tight range of 0.0171 MNT (High: 1.6563 / Low: 1.6392).
Growth Streaks & Declines
TrendsBetween March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0024 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2022: 1.6503) against the same month in 2021 (average: 1.4328), the exchange rate shifted by +0.2176 (+15.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.4457 | 1.4178 | 1.4286 |
| February | 1.4399 | 1.4204 | 1.4269 |
| March | 1.4402 | 1.4042 | 1.4244 |
| April | 1.4992 | 1.4097 | 1.4653 |
| May | 1.5415 | 1.4884 | 1.5140 |
| June | 1.5352 | 1.4983 | 1.5208 |
| July | 1.5428 | 1.5198 | 1.5282 |
| August | 1.5625 | 1.5276 | 1.5490 |
| September | 1.5976 | 1.5539 | 1.5693 |
| October | 1.6466 | 1.5762 | 1.6181 |
| November | 1.6601 | 1.6374 | 1.6503 |
| December | 1.6563 | 1.6392 | 1.6482 |