YEARLY HIGH
9498.5746 MNT
YEARLY LOW
9364.2313 MNT
YEARLY AVERAGE
9450.1737 MNT

2021 KWD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KWD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 9498.5746. Conversely, the yearly low was recorded on January 6, dropping to 9364.2313.

This high-to-low spread represents a total annual volatility of 134.3433 MNT. From a start-to-finish perspective, comparing the January average rate of 9412.5864 to the December average rate of 9441.7559, the exchange rate registered a net change of 0.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 9498.5746 was up 0.92% compared to the 2020 peak of 9411.6969, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 47,492,873 MNT
2020 Average 45,773,692 MNT
Yearly Trough Low 46,821,157 MNT
Transaction Impact: A difference of 671,716.34 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

9488.8251
9405.6556
JanuMarcMayJulySeptNove

KWD 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 9444.0430, compared to 9456.3045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.2615 points.

H1 Avg (Jan–Jun) 9444.0430
H2 Avg (Jul–Dec) 9456.3045

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 79.6771 MNT (High: 9443.9084 / Low: 9364.2313). On the other end, October was the most stable month, with a tight range of 29.3591 MNT (High: 9461.7919 / Low: 9432.4327).

January Spread (Volatile) ±79.6771
October Spread (Stable) ±29.3591

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 36.3414 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -36.3414

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 9474.6870) against the same month in 2020 (average: 9045.8914), the exchange rate shifted by +428.7957 (+4.74%).

2021 Avg (May) 9474.6870
2020 Avg (May) 9045.8914

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9443.9084 9364.2313 9412.5864
February 9444.2891 9411.8519 9426.6386
March 9460.5589 9406.6826 9429.6022
April 9480.5379 9442.3903 9459.9098
May 9498.5746 9458.8021 9474.6870
June 9482.6428 9442.3840 9460.8339
July 9483.3015 9451.8921 9470.8581
August 9495.1487 9455.3065 9481.8943
September 9462.8594 9414.6826 9445.5529
October 9461.7919 9432.4327 9449.9710
November 9465.5266 9430.4494 9447.7945
December 9458.9352 9422.5204 9441.7559