YEARLY HIGH
183.8427 MNT
YEARLY LOW
137.5507 MNT
YEARLY AVERAGE
164.6107 MNT

2022 EGP to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the EGP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 183.8427. Conversely, the yearly low was recorded on December 29, dropping to 137.5507.

This high-to-low spread represents a total annual volatility of 46.2921 MNT. From a start-to-finish perspective, comparing the January average rate of 181.9630 to the December average rate of 138.1720, the exchange rate registered a net change of -24.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 183.8427 was up 0.44% compared to the 2021 peak of 183.0449, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 919,214 MNT
2021 Average 908,301 MNT
Yearly Trough Low 687,753 MNT
Transaction Impact: A difference of 231,460.34 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

186.5545
133.7736
JanuMarcMayJulySeptNove

EGP 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 172.2001, compared to 157.0213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 15.1788 points.

H1 Avg (Jan–Jun) 172.2001
H2 Avg (Jul–Dec) 157.0213

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 31.9874 MNT (High: 171.8001 / Low: 139.8127). On the other end, January was the most stable month, with a tight range of 0.5884 MNT (High: 182.2989 / Low: 181.7105).

October Spread (Volatile) ±31.9874
January Spread (Stable) ±0.5884

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 26.5493 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -26.5493

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 173.9885) against the same month in 2021 (average: 181.5763), the exchange rate shifted by -7.5878 (-4.18%).

2022 Avg (March) 173.9885
2021 Avg (March) 181.5763

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 182.2989 181.7105 181.9630
February 182.7650 181.7960 182.1561
March 183.8427 156.1371 173.9885
April 163.7242 158.4049 161.6095
May 169.8345 164.3634 167.0164
June 166.9116 165.4679 166.4670
July 166.6657 165.8671 166.3081
August 167.0410 165.0628 166.2866
September 167.5629 165.1047 166.3790
October 171.8001 139.8127 165.7658
November 141.2686 138.2340 139.2165
December 138.7218 137.5507 138.1720