YEARLY HIGH
17.1088 MNT
YEARLY LOW
14.6158 MNT
YEARLY AVERAGE
15.8600 MNT

2011 CVE to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CVE to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 17.1088. Conversely, the yearly low was recorded on January 11, dropping to 14.6158.

This high-to-low spread represents a total annual volatility of 2.4930 MNT. From a start-to-finish perspective, comparing the January average rate of 15.0869 to the December average rate of 16.2919, the exchange rate registered a net change of 7.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 17.1088 was down 11.83% compared to the 2010 peak of 19.4040, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 85,544 MNT
2010 Average 81,402 MNT
Yearly Trough Low 73,079 MNT
Transaction Impact: A difference of 12,465.11 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

16.4621
14.9619
JanuMarcMayJulySeptNove

CVE 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 15.7248, compared to 15.9952 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2704 points.

H1 Avg (Jan–Jun) 15.7248
H2 Avg (Jul–Dec) 15.9952

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 1.6534 MNT (High: 16.9424 / Low: 15.2890). On the other end, December was the most stable month, with a tight range of 0.3386 MNT (High: 16.4551 / Low: 16.1165).

April Spread (Volatile) ±1.6534
December Spread (Stable) ±0.3386

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.3140 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.3140

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 16.0143) against the same month in 2010 (average: 15.8269), the exchange rate shifted by +0.1873 (+1.18%).

2011 Avg (May) 16.0143
2010 Avg (May) 15.8269

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.3985 14.6158 15.0869
February 15.6554 15.2686 15.4428
March 15.8711 15.2054 15.5384
April 16.9424 15.2890 15.9294
May 17.1088 15.4703 16.0143
June 16.6172 16.0020 16.3371
July 16.4240 15.6919 16.0981
August 16.3468 15.6301 15.9801
September 16.2063 15.3204 15.6660
October 16.6031 15.0927 15.9274
November 16.2901 15.7884 16.0080
December 16.4551 16.1165 16.2919