YEARLY HIGH
0.0791 ETB
YEARLY LOW
0.0138 ETB
YEARLY AVERAGE
0.0155 ETB

2021 MNT to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MNT to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0791. Conversely, the yearly low was recorded on January 12, dropping to 0.0138.

This high-to-low spread represents a total annual volatility of 0.0654 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0138 to the December average rate of 0.0190, the exchange rate registered a net change of 37.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0791 was up 473.97% compared to the 2020 peak of 0.0138, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 396 ETB
2020 Average 62 ETB
Yearly Trough Low 69 ETB
Transaction Impact: A difference of 326.75 ETB purely based on transaction execution date.

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0.0195
0.0133
JanuMarcMayJulySeptNove

MNT to ETB 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 0.0145, compared to 0.0166 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0145
H2 Avg (Jul–Dec) 0.0166

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0623 ETB (High: 0.0791 / Low: 0.0168). On the other end, January was the most stable month, with a tight range of 0.0001 ETB (High: 0.0139 / Low: 0.0138).

December Spread (Volatile) Âą0.0623
January Spread (Stable) Âą0.0001

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0190) against the same month in 2020 (average: 0.0136), the exchange rate shifted by +0.0054 (+40.14%).

2021 Avg (December) 0.0190
2020 Avg (December) 0.0136

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Month High Low Average
January 0.0139 0.0138 0.0138
February 0.0142 0.0138 0.0140
March 0.0145 0.0140 0.0142
April 0.0147 0.0144 0.0146
May 0.0153 0.0147 0.0150
June 0.0154 0.0151 0.0153
July 0.0156 0.0153 0.0155
August 0.0161 0.0155 0.0158
September 0.0164 0.0160 0.0162
October 0.0166 0.0162 0.0164
November 0.0169 0.0165 0.0166
December 0.0791 0.0168 0.0190