2011 GNF to MNT Historical Review

YEARLY HIGH

0.2010 MNT

YEARLY LOW

0.1611 MNT

YEARLY AVERAGE

0.1820 MNT

2011 GNF to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GNF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.2010. Conversely, the yearly low was recorded on February 6, dropping to 0.1611.

This high-to-low spread represents a total annual volatility of 0.0399 MNT. From a start-to-finish perspective, comparing the January average rate of 0.1725 to the December average rate of 0.1969, the exchange rate registered a net change of 14.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2010 was down 32.16% compared to the 2010 peak of 0.2963, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,005 MNT

2010 Average 1,241 MNT

Yearly Trough Low 806 MNT

Transaction Impact: A difference of 199.28 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1997

0.1667

JanuMarcMayJulySeptNove

GNF 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 0.1745, compared to 0.1896 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0150 points.

H1 Avg (Jan–Jun) 0.1745

H2 Avg (Jul–Dec) 0.1896

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0189 MNT (High: 0.1813 / Low: 0.1625). On the other end, July was the most stable month, with a tight range of 0.0034 MNT (High: 0.1874 / Low: 0.1840).

January Spread (Volatile) ±0.0189

July Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 0.0031 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.1969) against the same month in 2010 (average: 0.1759), the exchange rate shifted by +0.0210 (+11.94%).

2011 Avg (December) 0.1969

2010 Avg (December) 0.1759

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1813	0.1625	0.1725
February	0.1727	0.1611	0.1694
March	0.1756	0.1633	0.1716
April	0.1786	0.1682	0.1721
May	0.1862	0.1679	0.1743
June	0.1907	0.1843	0.1873
July	0.1874	0.1840	0.1860
August	0.1884	0.1758	0.1830
September	0.1949	0.1853	0.1899
October	0.1932	0.1860	0.1895
November	0.1966	0.1885	0.1919
December	0.2010	0.1904	0.1969