2022 HNL to MNT Historical Review

YEARLY HIGH

138.9593 MNT

YEARLY LOW

115.8375 MNT

YEARLY AVERAGE

126.8871 MNT

2022 HNL to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HNL to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 138.9593. Conversely, the yearly low was recorded on February 12, dropping to 115.8375.

This high-to-low spread represents a total annual volatility of 23.1218 MNT. From a start-to-finish perspective, comparing the January average rate of 116.6658 to the December average rate of 137.9557, the exchange rate registered a net change of 18.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 138.9593 was up 15.38% compared to the 2021 peak of 120.4398, 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 694,797 MNT

2021 Average 591,465 MNT

Yearly Trough Low 579,188 MNT

Transaction Impact: A difference of 115,609.07 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

140.1021

114.3453

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 120.8493, compared to 132.9248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.0755 points.

H1 Avg (Jan–Jun) 120.8493

H2 Avg (Jul–Dec) 132.9248

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 7.2727 MNT (High: 130.6117 / Low: 123.3390). On the other end, December was the most stable month, with a tight range of 0.6973 MNT (High: 138.2136 / Low: 137.5163).

August Spread (Volatile) ±7.2727

December Spread (Stable) ±0.6973

Growth Streaks & Declines

Trends

Between February and December, 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 January and February, when the average rate fell by 0.1741 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.1741

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 137.2261) against the same month in 2021 (average: 118.2180), the exchange rate shifted by +19.0080 (+16.08%).

2022 Avg (November) 137.2261

2021 Avg (November) 118.2180

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	117.2407	116.3518	116.6658
February	117.1685	115.8375	116.4917
March	118.9553	116.0827	117.6786
April	123.3058	117.8386	121.6493
May	127.1107	124.0233	125.7291
June	127.5853	125.4086	126.8815
July	128.4927	127.2503	127.8919
August	130.6117	123.3390	129.0575
September	132.4848	129.8377	130.8830
October	137.4671	131.9134	134.5348
November	138.9593	136.1983	137.2261
December	138.2136	137.5163	137.9557