YEARLY HIGH
60.0225 MNT
YEARLY LOW
55.5298 MNT
YEARLY AVERAGE
57.9058 MNT

2021 PHP to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PHP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 60.0225. Conversely, the yearly low was recorded on September 28, dropping to 55.5298.

This high-to-low spread represents a total annual volatility of 4.4928 MNT. From a start-to-finish perspective, comparing the January average rate of 59.3662 to the December average rate of 56.8176, the exchange rate registered a net change of -4.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 60.0225 was up 0.77% compared to the 2020 peak of 59.5653, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 15,005,634 MNT
2020 Average 14,164,416 MNT
Yearly Trough Low 13,882,442 MNT
Transaction Impact: A difference of 1,123,191.65 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

59.8706
55.8774
JanuMarcMayJulySeptNove

PHP 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 59.1223, compared to 56.6894 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.4329 points.

H1 Avg (Jan–Jun) 59.1223
H2 Avg (Jul–Dec) 56.6894

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 2.2911 MNT (High: 58.5004 / Low: 56.2093). On the other end, April was the most stable month, with a tight range of 0.4513 MNT (High: 59.1041 / Low: 58.6528).

August Spread (Volatile) ±2.2911
April Spread (Stable) ±0.4513

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 June and July, when the average rate fell by 2.1576 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.1576

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 59.5378) against the same month in 2020 (average: 55.3212), the exchange rate shifted by +4.2167 (+7.62%).

2021 Avg (May) 59.5378
2020 Avg (May) 55.3212

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 59.6201 59.0124 59.3662
February 59.5717 58.1853 59.0808
March 59.1346 58.4139 58.7485
April 59.1041 58.6528 58.8847
May 60.0225 59.0968 59.5378
June 59.8050 58.3139 59.1157
July 58.0541 55.9228 56.9581
August 58.5004 56.2093 56.8194
September 57.2012 55.5298 56.6052
October 56.6824 55.9779 56.2101
November 57.4008 56.3520 56.7258
December 57.3456 55.7582 56.8176