YEARLY HIGH
0.3986 MNT
YEARLY LOW
0.3064 MNT
YEARLY AVERAGE
0.3549 MNT

2022 GNF to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GNF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.3986. Conversely, the yearly low was recorded on January 3, dropping to 0.3064.

This high-to-low spread represents a total annual volatility of 0.0923 MNT. From a start-to-finish perspective, comparing the January average rate of 0.3145 to the December average rate of 0.3918, the exchange rate registered a net change of 24.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3986 was up 29.66% compared to the 2021 peak of 0.3074, 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 1,993 MNT
2021 Average 1,450 MNT
Yearly Trough Low 1,532 MNT
Transaction Impact: A difference of 461.31 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3996
0.3067
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 0.3321, compared to 0.3778 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0457 points.

H1 Avg (Jan–Jun) 0.3321
H2 Avg (Jul–Dec) 0.3778

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.0201 MNT (High: 0.3930 / Low: 0.3729). On the other end, February was the most stable month, with a tight range of 0.0064 MNT (High: 0.3210 / Low: 0.3147).

October Spread (Volatile) ±0.0201
February Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0001 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.3919) against the same month in 2021 (average: 0.2998), the exchange rate shifted by +0.0921 (+30.71%).

2022 Avg (November) 0.3919
2021 Avg (November) 0.2998

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3177 0.3064 0.3145
February 0.3210 0.3147 0.3177
March 0.3254 0.3185 0.3223
April 0.3427 0.3238 0.3349
May 0.3532 0.3428 0.3488
June 0.3602 0.3481 0.3543
July 0.3643 0.3573 0.3618
August 0.3705 0.3596 0.3664
September 0.3776 0.3660 0.3712
October 0.3930 0.3729 0.3836
November 0.3986 0.3872 0.3919
December 0.3956 0.3876 0.3918