2021 HNL to MNT Historical Review

YEARLY HIGH

120.4398 MNT

YEARLY LOW

114.1779 MNT

YEARLY AVERAGE

118.2876 MNT

2021 HNL to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HNL to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on August 21, valuing the pair at 120.4398. Conversely, the yearly low was recorded on January 6, dropping to 114.1779.

This high-to-low spread represents a total annual volatility of 6.2619 MNT. From a start-to-finish perspective, comparing the January average rate of 117.7196 to the December average rate of 117.7221, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 120.4398 was up 1.90% compared to the 2020 peak of 118.1885, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 602,199 MNT

2020 Average 567,734 MNT

Yearly Trough Low 570,890 MNT

Transaction Impact: A difference of 31,309.41 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

120.1248

117.4816

JanuMarcMayJulySeptNove

HNL 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 118.0577, compared to 118.5175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4598 points.

H1 Avg (Jan–Jun) 118.0577

H2 Avg (Jul–Dec) 118.5175

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 4.4265 MNT (High: 118.6044 / Low: 114.1779). On the other end, November was the most stable month, with a tight range of 0.7022 MNT (High: 118.6022 / Low: 117.9000).

January Spread (Volatile) ±4.4265

November Spread (Stable) ±0.7022

Growth Streaks & Declines

Trends

Between May and August, 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 August and September, when the average rate fell by 1.9888 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.9888

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 119.9045) against the same month in 2020 (average: 115.2123), the exchange rate shifted by +4.6922 (+4.07%).

2021 Avg (August) 119.9045

2020 Avg (August) 115.2123

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	118.6044	114.1779	117.7196
February	118.4515	117.2473	117.7018
March	118.7241	117.0891	117.7769
April	118.9695	118.0466	118.4213
May	119.3759	118.0466	118.3336
June	119.0920	117.9593	118.3928
July	120.1417	118.7931	119.3636
August	120.4398	119.0005	119.9045
September	119.0754	117.2185	117.9157
October	118.5270	117.5972	117.9810
November	118.6022	117.9000	118.2180
December	118.2872	117.1132	117.7221

૨૦૨૫ HNL થી MNT ઐતિહાસિક સમીક્ષા