2022 LRD to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 LRD to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the LRD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 22.1844. Conversely, the yearly low was recorded on February 27, dropping to 18.5837.
This high-to-low spread represents a total annual volatility of 3.6007 MNT. From a start-to-finish perspective, comparing the January average rate of 19.1499 to the December average rate of 22.0943, the exchange rate registered a net change of 15.38% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 22.1844 was up 9.86% compared to the 2021 peak of 20.1941, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
LRD to MNT Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 19.4876, compared to 21.3588 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8712 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was January, with a trading range of 0.9513 MNT (High: 19.7118 / Low: 18.7605). On the other end, December was the most stable month, with a tight range of 0.0752 MNT (High: 22.1232 / Low: 22.0480).
Growth Streaks & Declines
TrendsBetween 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 0.5120 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2022: 22.0923) against the same month in 2021 (average: 19.7254), the exchange rate shifted by +2.3669 (+12.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.7118 | 18.7605 | 19.1499 |
| February | 18.7390 | 18.5837 | 18.6379 |
| March | 18.9706 | 18.6139 | 18.7738 |
| April | 19.8827 | 18.9760 | 19.5685 |
| May | 20.5079 | 20.0579 | 20.2952 |
| June | 20.5759 | 20.4170 | 20.5005 |
| July | 20.6578 | 20.5062 | 20.5997 |
| August | 20.8549 | 20.5621 | 20.7313 |
| September | 21.3120 | 20.7851 | 20.9601 |
| October | 21.9938 | 21.2740 | 21.6754 |
| November | 22.1844 | 21.9830 | 22.0923 |
| December | 22.1232 | 22.0480 | 22.0943 |