2021 MNT to AFN Historical Review

YEARLY HIGH

0.0413 AFN

YEARLY LOW

0.0270 AFN

YEARLY AVERAGE

0.0292 AFN

2021 MNT to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MNT to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.0413. Conversely, the yearly low was recorded on January 11, dropping to 0.0270.

This high-to-low spread represents a total annual volatility of 0.0143 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0271 to the December average rate of 0.0357, the exchange rate registered a net change of 31.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0413 was up 42.63% compared to the 2020 peak of 0.0289, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 206 AFN

2020 Average 137 AFN

Yearly Trough Low 135 AFN

Transaction Impact: A difference of 71.28 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0365

0.0262

JanuMarcMayJulySeptNove

MNT to AFN 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 0.0273, compared to 0.0312 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0273

H2 Avg (Jul–Dec) 0.0312

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0076 AFN (High: 0.0413 / Low: 0.0336). On the other end, March was the most stable month, with a tight range of 0.0003 AFN (High: 0.0273 / Low: 0.0270).

December Spread (Volatile) ±0.0076

March Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0357) against the same month in 2020 (average: 0.0270), the exchange rate shifted by +0.0086 (+31.97%).

2021 Avg (December) 0.0357

2020 Avg (December) 0.0270

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0274	0.0270	0.0271
February	0.0275	0.0270	0.0271
March	0.0273	0.0270	0.0272
April	0.0275	0.0270	0.0272
May	0.0276	0.0271	0.0273
June	0.0279	0.0275	0.0276
July	0.0287	0.0278	0.0281
August	0.0303	0.0280	0.0292
September	0.0312	0.0298	0.0305
October	0.0319	0.0313	0.0316
November	0.0337	0.0317	0.0325
December	0.0413	0.0336	0.0357