YEARLY HIGH
0.7122 BIF
YEARLY LOW
0.6024 BIF
YEARLY AVERAGE
0.6560 BIF

2022 MNT to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MNT to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 0.7122. Conversely, the yearly low was recorded on November 12, dropping to 0.6024.

This high-to-low spread represents a total annual volatility of 0.1098 BIF. From a start-to-finish perspective, comparing the January average rate of 0.7000 to the December average rate of 0.6067, the exchange rate registered a net change of -13.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7122 was up 1.37% compared to the 2021 peak of 0.7026, 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 3,561 BIF
2021 Average 3,462 BIF
Yearly Trough Low 3,012 BIF
Transaction Impact: A difference of 549.04 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7117
0.5963
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 0.6839, compared to 0.6280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0559 points.

H1 Avg (Jan–Jun) 0.6839
H2 Avg (Jul–Dec) 0.6280

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0423 BIF (High: 0.7093 / Low: 0.6670). On the other end, December was the most stable month, with a tight range of 0.0063 BIF (High: 0.6100 / Low: 0.6038).

April Spread (Volatile) ±0.0423
December Spread (Stable) ±0.0063

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.0221 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0221

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.7020) against the same month in 2021 (average: 0.6857), the exchange rate shifted by +0.0163 (+2.38%).

2022 Avg (March) 0.7020
2021 Avg (March) 0.6857

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7053 0.6917 0.7000
February 0.7040 0.6945 0.7008
March 0.7122 0.6943 0.7020
April 0.7093 0.6670 0.6826
May 0.6719 0.6487 0.6606
June 0.6674 0.6514 0.6576
July 0.6580 0.6482 0.6544
August 0.6546 0.6400 0.6456
September 0.6435 0.6259 0.6372
October 0.6344 0.6073 0.6181
November 0.6107 0.6024 0.6060
December 0.6100 0.6038 0.6067