2011 ETB to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 ETB to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the ETB to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 100.0262. Conversely, the yearly low was recorded on August 23, dropping to 71.2773.
This high-to-low spread represents a total annual volatility of 28.7489 MNT. From a start-to-finish perspective, comparing the January average rate of 97.8057 to the December average rate of 79.0833, the exchange rate registered a net change of -19.14% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 100.0262 was down 27.35% compared to the 2010 peak of 137.6909, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
ETB 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 85.6341, compared to 74.7144 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.9197 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was April, with a trading range of 21.8652 MNT (High: 93.1816 / Low: 71.3164). On the other end, February was the most stable month, with a tight range of 0.9828 MNT (High: 98.3554 / Low: 97.3725).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 20.4913 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2011: 97.8057) against the same month in 2010 (average: 134.7104), the exchange rate shifted by -36.9047 (-27.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 100.0262 | 96.7993 | 97.8057 |
| February | 98.3554 | 97.3725 | 97.8366 |
| March | 97.7180 | 93.0219 | 95.7632 |
| April | 93.1816 | 71.3164 | 75.2718 |
| May | 75.3254 | 71.7454 | 73.0345 |
| June | 74.6439 | 73.2029 | 74.0926 |
| July | 73.6116 | 72.4876 | 73.1745 |
| August | 73.5729 | 71.2773 | 72.1025 |
| September | 73.9305 | 72.8092 | 73.3144 |
| October | 75.7512 | 73.6251 | 74.7697 |
| November | 77.7205 | 75.1471 | 75.8421 |
| December | 80.1063 | 77.5787 | 79.0833 |