YEARLY HIGH
4036.7240 MNT
YEARLY LOW
4001.8250 MNT
YEARLY AVERAGE
4021.9020 MNT

2021 JOD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 4036.7240. Conversely, the yearly low was recorded on September 14, dropping to 4001.8250.

This high-to-low spread represents a total annual volatility of 34.8991 MNT. From a start-to-finish perspective, comparing the January average rate of 4025.6180 to the December average rate of 4032.0284, the exchange rate registered a net change of 0.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 4036.7240 was down 0.42% compared to the 2020 peak of 4053.9270, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 20,183,620 MNT
2020 Average 19,804,029 MNT
Yearly Trough Low 20,009,125 MNT
Transaction Impact: A difference of 174,495.30 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4034.4255
4005.6605
JanuMarcMayJulySeptNove

JOD 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 4022.0863, compared to 4021.7177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3686 points.

H1 Avg (Jan–Jun) 4022.0863
H2 Avg (Jul–Dec) 4021.7177

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 23.5166 MNT (High: 4030.6944 / Low: 4007.1778). On the other end, May was the most stable month, with a tight range of 1.8845 MNT (High: 4021.0953 / Low: 4019.2108).

January Spread (Volatile) ±23.5166
May Spread (Stable) ±1.8845

Growth Streaks & Declines

Trends

Between September and December, 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 14.4181 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -14.4181

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 4032.0284) against the same month in 2020 (average: 4024.4169), the exchange rate shifted by +7.6116 (+0.19%).

2021 Avg (December) 4032.0284
2020 Avg (December) 4024.4169

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4030.6944 4007.1778 4025.6180
February 4030.7849 4018.8645 4024.8784
March 4030.9948 4012.3537 4021.7316
April 4034.6685 4018.0778 4023.0090
May 4021.0953 4019.2108 4020.9124
June 4021.0953 4012.9466 4016.3684
July 4022.2696 4016.0143 4019.4150
August 4028.7596 4010.0502 4022.4757
September 4015.6049 4001.8250 4008.0576
October 4023.7972 4015.5556 4020.0057
November 4033.0526 4022.5560 4028.3236
December 4036.7240 4026.1767 4032.0284