YEARLY HIGH
3509.8268 MNT
YEARLY LOW
3202.1742 MNT
YEARLY AVERAGE
3373.7231 MNT

2021 EUR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EUR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 3509.8268. Conversely, the yearly low was recorded on November 24, dropping to 3202.1742.

This high-to-low spread represents a total annual volatility of 307.6526 MNT. From a start-to-finish perspective, comparing the January average rate of 3472.4570 to the December average rate of 3231.9066, the exchange rate registered a net change of -6.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3509.8268 was down 0.16% compared to the 2020 peak of 3515.3426, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17,549,134 MNT
2020 Average 16,043,278 MNT
Yearly Trough Low 16,010,871 MNT
Transaction Impact: A difference of 1,538,263.13 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3496.5121
3207.8516
JanuMarcMayJulySeptNove

EUR 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 3436.3679, compared to 3311.0783 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 125.2896 points.

H1 Avg (Jan–Jun) 3436.3679
H2 Avg (Jul–Dec) 3311.0783

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 110.4019 MNT (High: 3312.5761 / Low: 3202.1742). On the other end, July was the most stable month, with a tight range of 36.7016 MNT (High: 3389.2994 / Low: 3352.5978).

November Spread (Volatile) ±110.4019
July Spread (Stable) ±36.7016

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 February and March, when the average rate fell by 57.7910 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -57.7910

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 3472.4570) against the same month in 2020 (average: 3001.4192), the exchange rate shifted by +471.0378 (+15.69%).

2021 Avg (January) 3472.4570
2020 Avg (January) 3001.4192

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3509.8268 3445.0422 3472.4570
February 3470.6708 3413.3169 3450.7154
March 3447.0625 3346.5863 3392.9244
April 3459.3207 3360.3838 3412.0345
May 3491.9920 3423.1905 3462.8536
June 3483.1564 3375.3765 3427.2226
July 3389.2994 3352.5978 3370.3834
August 3384.3493 3329.5409 3356.6309
September 3379.2183 3294.3820 3344.8958
October 3331.8016 3282.9184 3305.3678
November 3312.5761 3202.1742 3257.2851
December 3253.7145 3213.7986 3231.9066