2021 CVE to MNT Historical Review

YEARLY HIGH

31.6483 MNT

YEARLY LOW

28.9078 MNT

YEARLY AVERAGE

30.4831 MNT

2021 CVE to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 31.6483. Conversely, the yearly low was recorded on November 25, dropping to 28.9078.

This high-to-low spread represents a total annual volatility of 2.7405 MNT. From a start-to-finish perspective, comparing the January average rate of 31.3732 to the December average rate of 29.1709, the exchange rate registered a net change of -7.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 31.6483 was down 0.28% compared to the 2020 peak of 31.7372, 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 158,241 MNT

2020 Average 144,653 MNT

Yearly Trough Low 144,539 MNT

Transaction Impact: A difference of 13,702.61 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

31.5935

28.9506

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 31.0283, compared to 29.9379 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0904 points.

H1 Avg (Jan–Jun) 31.0283

H2 Avg (Jul–Dec) 29.9379

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 1.8395 MNT (High: 31.5459 / Low: 29.7064). On the other end, December was the most stable month, with a tight range of 0.3041 MNT (High: 29.3402 / Low: 29.0361).

June Spread (Volatile) ±1.8395

December Spread (Stable) ±0.3041

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.5351 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5351

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 31.3732) against the same month in 2020 (average: 27.1237), the exchange rate shifted by +4.2495 (+15.67%).

2021 Avg (January) 31.3732

2020 Avg (January) 27.1237

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.6483	31.1739	31.3732
February	31.2836	30.8426	31.1612
March	31.0678	30.2483	30.6309
April	31.1907	30.3539	30.7920
May	31.5459	30.8731	31.2548
June	31.5459	29.7064	30.9577
July	30.5887	30.2347	30.4227
August	30.5978	30.1864	30.4093
September	30.5593	29.8278	30.2659
October	30.1161	29.7185	29.8825
November	29.9286	28.9078	29.4762
December	29.3402	29.0361	29.1709