2011 MNT to BIF Historical Review

YEARLY HIGH

1.0263 BIF

YEARLY LOW

0.8955 BIF

YEARLY AVERAGE

0.9623 BIF

2011 MNT to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MNT to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 1.0263. Conversely, the yearly low was recorded on January 10, dropping to 0.8955.

This high-to-low spread represents a total annual volatility of 0.1308 BIF. From a start-to-finish perspective, comparing the January average rate of 0.9119 to the December average rate of 0.9445, the exchange rate registered a net change of 3.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.0263 was up 9.08% compared to the 2010 peak of 0.9408, 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 5,131 BIF

2010 Average 4,211 BIF

Yearly Trough Low 4,477 BIF

Transaction Impact: A difference of 653.97 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.0095

0.9025

JanuMarcMayJulySeptNove

MNT to BIF 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 0.9547, compared to 0.9699 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0152 points.

H1 Avg (Jan–Jun) 0.9547

H2 Avg (Jul–Dec) 0.9699

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0746 BIF (High: 1.0263 / Low: 0.9517). On the other end, February was the most stable month, with a tight range of 0.0127 BIF (High: 0.9167 / Low: 0.9040).

April Spread (Volatile) ±0.0746

February Spread (Stable) ±0.0127

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0193 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0193

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 1.0006) against the same month in 2010 (average: 0.8309), the exchange rate shifted by +0.1696 (+20.41%).

2011 Avg (April) 1.0006

2010 Avg (April) 0.8309

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9210	0.8955	0.9119
February	0.9167	0.9040	0.9114
March	0.9555	0.9072	0.9286
April	1.0263	0.9517	1.0006
May	1.0164	0.9670	0.9966
June	0.9914	0.9681	0.9790
July	0.9946	0.9773	0.9869
August	1.0121	0.9830	0.9988
September	0.9893	0.9713	0.9801
October	0.9763	0.9469	0.9607
November	0.9615	0.9221	0.9482
December	0.9727	0.9205	0.9445