YEARLY HIGH
20.0963 MNT
YEARLY LOW
18.3107 MNT
YEARLY AVERAGE
18.9407 MNT

2021 JMD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 20.0963. Conversely, the yearly low was recorded on November 24, dropping to 18.3107.

This high-to-low spread represents a total annual volatility of 1.7856 MNT. From a start-to-finish perspective, comparing the January average rate of 19.7966 to the December average rate of 18.5169, the exchange rate registered a net change of -6.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 20.0963 was down 3.01% compared to the 2020 peak of 20.7198, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 100,481 MNT
2020 Average 98,971 MNT
Yearly Trough Low 91,554 MNT
Transaction Impact: A difference of 8,927.78 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

19.9390
18.2301
JanuMarcMayJulySeptNove

JMD 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 19.2043, compared to 18.6771 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5272 points.

H1 Avg (Jan–Jun) 19.2043
H2 Avg (Jul–Dec) 18.6771

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 1.0727 MNT (High: 19.5887 / Low: 18.5160). On the other end, November was the most stable month, with a tight range of 0.1614 MNT (High: 18.4721 / Low: 18.3107).

April Spread (Volatile) ±1.0727
November Spread (Stable) ±0.1614

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.7471 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.7471

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 19.7966) against the same month in 2020 (average: 20.0965), the exchange rate shifted by -0.3000 (-1.49%).

2021 Avg (January) 19.7966
2020 Avg (January) 20.0965

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.0963 19.5029 19.7966
February 19.4574 18.8284 19.0495
March 19.6766 18.8701 19.3453
April 19.5887 18.5160 19.0786
May 19.1566 18.4877 18.9182
June 19.2212 18.9092 19.0375
July 19.1731 18.3405 18.6513
August 18.7988 18.3801 18.5326
September 19.3015 18.7673 19.0226
October 19.4587 18.4672 18.9665
November 18.4721 18.3107 18.3725
December 18.6341 18.3424 18.5169