2022 ETB to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 ETB to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the ETB to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 64.4039. Conversely, the yearly low was recorded on March 5, dropping to 55.7451.
This high-to-low spread represents a total annual volatility of 8.6588 MNT. From a start-to-finish perspective, comparing the January average rate of 57.6790 to the December average rate of 63.6368, the exchange rate registered a net change of 10.33% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 64.4039 was down 11.42% compared to the 2021 peak of 72.7031, 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 2022.
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 58.0594, compared to 62.1090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.0496 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was April, with a trading range of 2.5736 MNT (High: 58.8713 / Low: 56.2977). On the other end, December was the most stable month, with a tight range of 0.3632 MNT (High: 63.8008 / Low: 63.4376).
Growth Streaks & Declines
TrendsBetween March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.9570 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2022: 63.9671) against the same month in 2021 (average: 60.1136), the exchange rate shifted by +3.8535 (+6.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 58.2029 | 57.3982 | 57.6790 |
| February | 57.3328 | 56.0980 | 56.7220 |
| March | 56.8465 | 55.7451 | 56.3745 |
| April | 58.8713 | 56.2977 | 57.9591 |
| May | 60.2936 | 58.7841 | 59.6384 |
| June | 60.2873 | 59.3881 | 59.9837 |
| July | 60.3789 | 59.7772 | 60.1078 |
| August | 61.1786 | 59.7911 | 60.6289 |
| September | 62.2043 | 60.8063 | 61.2503 |
| October | 64.2556 | 61.7218 | 63.0631 |
| November | 64.4039 | 63.5739 | 63.9671 |
| December | 63.8008 | 63.4376 | 63.6368 |