2011 GIP to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 GIP to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the GIP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 2159.5629. Conversely, the yearly low was recorded on March 29, dropping to 1906.3101.
This high-to-low spread represents a total annual volatility of 253.2529 MNT. From a start-to-finish perspective, comparing the January average rate of 1961.5680 to the December average rate of 2129.8682, the exchange rate registered a net change of 8.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 2159.5629 was down 9.30% compared to the 2010 peak of 2380.9416, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GIP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
GIP 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 1996.7225, compared to 2033.7166 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 36.9941 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was April, with a trading range of 182.5746 MNT (High: 2094.9878 / Low: 1912.4132). On the other end, February was the most stable month, with a tight range of 25.7119 MNT (High: 2024.6620 / Low: 1998.9501).
Growth Streaks & Declines
TrendsBetween March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 34.7587 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2011: 2129.8682) against the same month in 2010 (average: 1908.2107), the exchange rate shifted by +221.6575 (+11.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1981.9669 | 1910.0019 | 1961.5680 |
| February | 2024.6620 | 1998.9501 | 2011.4962 |
| March | 2032.5031 | 1906.3101 | 1976.7375 |
| April | 2094.9878 | 1912.4132 | 1989.3950 |
| May | 2098.3996 | 1958.9647 | 2010.8958 |
| June | 2053.0517 | 2004.8446 | 2030.2422 |
| July | 2052.4106 | 1964.3351 | 2004.9201 |
| August | 2049.2625 | 1983.0935 | 2010.7104 |
| September | 2027.8504 | 1936.4459 | 1981.1958 |
| October | 2081.8724 | 1942.9701 | 2017.3490 |
| November | 2098.8323 | 2032.2450 | 2058.2559 |
| December | 2159.5629 | 2089.4981 | 2129.8682 |