YEARLY HIGH
1794.0790 MNT
YEARLY LOW
1637.2456 MNT
YEARLY AVERAGE
1724.9713 MNT

2021 BGN to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 1794.0790. Conversely, the yearly low was recorded on November 24, dropping to 1637.2456.

This high-to-low spread represents a total annual volatility of 156.8334 MNT. From a start-to-finish perspective, comparing the January average rate of 1776.0788 to the December average rate of 1651.5715, the exchange rate registered a net change of -7.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1794.0790 was down 0.06% compared to the 2020 peak of 1795.1923, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,970,395 MNT
2020 Average 8,200,112 MNT
Yearly Trough Low 8,186,228 MNT
Transaction Impact: A difference of 784,166.81 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1788.5296
1639.1208
JanuMarcMayJulySeptNove

BGN 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 1756.9100, compared to 1693.0326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 63.8774 points.

H1 Avg (Jan–Jun) 1756.9100
H2 Avg (Jul–Dec) 1693.0326

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 58.6409 MNT (High: 1782.4862 / Low: 1723.8453). On the other end, July was the most stable month, with a tight range of 17.1467 MNT (High: 1731.2414 / Low: 1714.0947).

June Spread (Volatile) ±58.6409
July Spread (Stable) ±17.1467

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 30.4295 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -30.4295

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1776.0788) against the same month in 2020 (average: 1534.5053), the exchange rate shifted by +241.5736 (+15.74%).

2021 Avg (January) 1776.0788
2020 Avg (January) 1534.5053

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1794.0790 1761.4270 1776.0788
February 1774.2668 1746.7302 1764.7242
March 1762.3828 1708.4531 1734.2947
April 1765.3716 1716.3027 1743.8372
May 1785.8940 1750.1059 1770.2164
June 1782.4862 1723.8453 1752.3087
July 1731.2414 1714.0947 1723.1477
August 1730.3614 1702.4044 1716.0428
September 1727.7052 1685.7504 1711.4778
October 1703.0835 1678.1780 1690.0417
November 1692.4788 1637.2456 1665.9142
December 1660.8737 1643.5016 1651.5715